Flushing Financial (FFIC) withdraws Nasdaq listing under 17 CFR 240.12d2-2
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Flushing Financial Corp submitted a Form 25 notification reflecting the removal of its Common Stock from listing and/or registration on the Nasdaq Stock Market LLC. The filing cites compliance with 17 CFR 240.12d2-2 and indicates the Exchange and the issuer followed applicable procedural rules.
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 001-33013
Rule cited: 17 CFR 240.12d2-2
Telephone: +1 718 961-5400
+1 more
4 metrics
Commission File Number
001-33013
Form 25 cover citation
Rule cited
17 CFR 240.12d2-2
Regulatory basis for removal/withdrawal
Telephone
+1 718 961-5400
Issuer principal office contact
Expiry/cover date
March 31, 2018
Expires date shown on the header
Key Terms
Form 25, 17 CFR 240.12d2-2, withdrawal of 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)"
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 registration regulatory
"voluntary withdrawal of the class of securities from listing and registration"
FAQ
What does FFIC's Form 25 filing mean?
It notifies that the issuer's Common Stock is being removed from Nasdaq listing/registration. The filing states both the Exchange and issuer complied with procedures under 17 CFR 240.12d2-2, indicating a voluntary withdrawal process rather than an administrative omission.
Who certified the removal of FFIC's listing?
Nasdaq Stock Market LLC certified the Form 25 filing and attested it had reasonable grounds to file. The notification was signed on behalf of the Exchange by Jennifer Fainer, identified as a CDO Analyst in the filing excerpt.
Does the Form 25 say why FFIC is being removed from Nasdaq?
The excerpt cites procedural compliance with 17 CFR 240.12d2-2 but does not state a specific business reason. It records that the issuer and Exchange followed the Exchange's rules governing voluntary withdrawal and strike of listing.
What procedural citations appear in FFIC's filing?
The filing cites sections of the removal rule 17 CFR 240.12d2-2 (subsections (a)(1)–(a)(4) and (b),(c)). These references indicate the removal/withdrawal follows the regulatory framework for striking a class of securities from an exchange.