Eagle Point Income Co. (NYSE: EIC) withdraws Series C preferred from NYSE
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Eagle Point Income Co. Inc. notified the New York Stock Exchange of the removal of its 8.00% Series C Term Preferred Stock due 2029 from listing and/or registration. The Exchange certified it complied with 17 CFR 240.12d2-2 procedures and the issuer complied with Exchange rules for voluntary withdrawal.
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 001-38998
Security: 8.00% Series C Term Preferred Stock
Maturity Year: due 2029
+2 more
5 metrics
Commission File Number
001-38998
Form 25 cover filing identifier
Security
8.00% Series C Term Preferred Stock
class removed from listing
Maturity Year
due 2029
stated maturity of the preferred series
Rule cited
17 CFR 240.12d2-2
Exchange compliance for withdrawal
Cover expiration note
Expires: March 31, 2018
form header expiration date
Key Terms
Form 25, 17 CFR 240.12d2-2, withdrawal of listing/registration
3 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b) the Exchange has complied"
A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.
withdrawal of listing/registration market
"voluntary withdrawal of the class of securities from listing and registration"
FAQ
What did Eagle Point Income Co. (EIC) file with the NYSE?
It filed a Form 25 to remove a listed class of securities. The filing notifies the Exchange of the voluntary withdrawal of the 8.00% Series C Term Preferred Stock due 2029 and states both Exchange and issuer procedures under 17 CFR 240.12d2-2 were followed.
Which security was removed from listing in the Form 25?
The 8.00% Series C Term Preferred Stock due 2029 was removed. The Form 25 names this class explicitly as the subject of the Exchange's strike/withdrawal action at the issuer's request.
Which exchange handled the removal for EIC?
The New York Stock Exchange LLC handled the removal. The Form 25 lists the Exchange as the affected market and includes a certification that the Exchange complied with applicable rules under 17 CFR 240.12d2-2.
Does the Form 25 indicate why the Series C preferred was withdrawn?
The filing describes compliance with withdrawal procedures but does not state a commercial reason. It certifies the Exchange and issuer followed the specified regulatory steps for voluntary withdrawal under 17 CFR 240.12d2-2.
Who signed the Form 25 on behalf of the Exchange?
Tyler Mastronardi, Analyst, Market Watch, signed the Form 25. The filing includes the Exchange certification and the signer’s name and title as the authorized representative for the NYSE.