ABRDN Global Income Fund (FCO) exchange files Form 25 to delist Common Stock
Rhea-AI Filing Summary
ABRDN GLOBAL INCOME FUND, INC. submitted a Form 25 notification via NYSE AMERICAN LLC to remove its Common Stock from listing and/or registration under Section 12(b) of the Exchange Act. The exchange certifies it and the issuer complied with the procedures in 17 CFR 240.12d2-2.
Positive
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Insights
Exchange filed Form 25 certifying removal of Common Stock from NYSE American.
The filing states that NYSE AMERICAN LLC has reasonable grounds and that both the exchange and issuer complied with 17 CFR 240.12d2-2 procedures for striking the class from listing and voluntary withdrawal. The action concerns the issuer's Common Stock.
Cash-flow treatment and effective trading alternatives are not stated in the excerpt; subsequent filings or exchange notices would provide clearance dates and post-withdrawal trading details.
Key Figures
Commission File Number: 001-10996
Expires: March 31, 2018
Address zip code: 19103
+2 more
5 metrics
Commission File Number
001-10996
Form cover
Expires
March 31, 2018
form header expiry date
Address zip code
19103
issuer principal executive offices
Telephone
1-800-522-5465
issuer principal executive offices
Security class
Common Stock
class of securities being removed
Key Terms
Form 25, Section 12(b), 17 CFR 240.12d2-2, NYSE AMERICAN LLC
4 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.
Section 12(b) regulatory
"REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b)"
Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.
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.
NYSE AMERICAN LLC market
"Exchange: NYSE AMERICAN LLC"
NYSE American LLC is a U.S. securities exchange where shares and certain options are listed and traded, with a focus on smaller and mid-sized companies and specific listing rules and trading features. For investors, the exchange matters because it shapes how easily a stock can be bought or sold, the pool of buyers and sellers and the transparency and oversight around trading—like a marketplace that sets the stalls, hours and quality checks that affect liquidity and risk.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Form 25 for FCO mean?
Form 25 notifies the SEC that NYSE AMERICAN LLC is removing ABRDN GLOBAL INCOME FUND, INC.'s Common Stock from listing and/or registration under Section 12(b). The exchange certifies it complied with the procedural rules in 17 CFR 240.12d2-2.
Who filed the removal for FCO?
The filing was submitted by NYSE AMERICAN LLC, represented by an exchange official. The notification states the exchange has reasonable grounds and that the issuer complied with voluntary withdrawal rules under 17 CFR 240.12d2-2.
Does the Form 25 state when trading will stop?
The excerpt certifies compliance with removal procedures but does not specify an effective delisting or trading halt date. Timing and next steps are not set out in the provided text; exchange notices would state the effective date.
Will ABRDN GLOBAL INCOME FUND, INC. continue to have SEC reporting obligations after removal?
The Form 25 reports removal from listing/registration under Section 12(b) but does not address ongoing SEC reporting status. Whether reporting obligations continue depends on statutory thresholds and is not specified in the provided excerpt.