ESSA Bancorp set to remove shares from Nasdaq listing with Form 25

Rhea-AI Filing Summary

ESSA Bancorp, Inc. (File No. 001-33384) has filed a Form 25-NSE with the SEC to remove its common stock from listing and registration on the Nasdaq Stock Market LLC under Section 12(b) of the Exchange Act. Nasdaq affirms that all requirements of Rules 12d2-2(b) and 12d2-2(c) have been satisfied and signed the notice on 24 Jul 2025. Once the filing becomes effective, ESSA shares will no longer trade on Nasdaq, terminating exchange-level disclosure, governance and quantitative listing obligations and likely shifting trading to an alternative venue such as OTC markets.

Positive

• None.

Negative

• Delisting of ESSA Bancorp’s common stock from Nasdaq may materially reduce trading liquidity, market visibility and institutional ownership.

Insights

Securities Analyst

TL;DR: Nasdaq delisting cuts liquidity and oversight for ESSA shares; negative for market access and valuation.

The Form 25 confirms ESSA Bancorp’s voluntary or exchange-initiated removal from Nasdaq. Delisting typically reduces trading volume, widens bid-ask spreads and limits institutional ownership because many funds are prohibited from holding non-exchange-listed securities. It also frees ESSA from certain listing fees and governance requirements, but those savings rarely offset the higher cost of capital associated with reduced visibility. Investors should prepare for an illiquidity discount and monitor whether the stock migrates to OTC markets or seeks relisting elsewhere.

UNITED STATES

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-33384

Issuer:	ESSA Bancorp, Inc.
Exchange:	Nasdaq Stock Market LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	200 Palmer Street
	Stroudsburg	PENNSYLVANIA	18360
Telephone number:					570-421-0531

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

Common stock

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2025-07-24	By	Tara Petta		AVP
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did ESSA Bancorp (ESSA) file with the SEC?

The company filed Form 25-NSE to remove its common stock from listing and registration on Nasdaq.

Which security is affected by ESSA’s Form 25 filing?

ESSA’s common stock is the class of securities being delisted.

When was the Form 25 signed?

Nasdaq signed the notice on 24 July 2025.

What exchange is ESSA leaving?

ESSA is delisting from the Nasdaq Stock Market LLC.

What rules govern this delisting?

The filing cites compliance with 17 CFR 240.12d2-2(b) and 12d2-2(c).