Amicus Therapeutics (NASDAQ: FOLD) withdraws common stock listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Amicus Therapeutics, Inc. notified Nasdaq of the removal of its Common Stock from listing and registration on the Nasdaq Stock Market. The filing states the Exchange "struck the class of securities from listing" and that the issuer complied with rules "governing the voluntary withdrawal".
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 001-33497
Form expiration date: March 31, 2018
Issuer telephone: +1 609 662-2000
3 metrics
Commission File Number
001-33497
Form 25 cover data
Form expiration date
March 31, 2018
form header expiry
Issuer telephone
+1 609 662-2000
Issuer principal executive offices
Key Terms
Form 25, struck the class of securities from listing, voluntary withdrawal
3 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION"
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.
struck the class of securities from listing regulatory
"the Exchange has complied with its rules to strike the class of securities from listing"
voluntary withdrawal regulatory
"the Issuer has complied with its rules of the Exchange and the requirements ... governing the voluntary withdrawal"
FAQ
Why did Amicus Therapeutics (FOLD) file Form 25?
Answer: The filing notifies Nasdaq that the class of Common Stock has been removed from listing and registration. The form states the Exchange struck the securities and that the issuer complied with rules "governing the voluntary withdrawal" of the class of securities.
Does the Form 25 state the method of removal for FOLD common stock?
Answer: Yes. The Form 25 states Nasdaq "struck the class of securities from listing" and references compliance with rules for a "voluntary withdrawal" by the issuer, indicating the removal was processed under the Exchange's and issuer's withdrawal procedures.
Who signed the Form 25 for the Nasdaq action involving FOLD?
Answer: The notification was signed on behalf of Nasdaq Stock Market LLC by an authorized representative named Tara Petta, identified as AVP, certifying the Exchange had reasonable grounds to file the Form 25 under the Exchange Act.
What class of Amicus Therapeutics securities is affected by the filing?
Answer: The Form 25 specifically references the company's Common Stock as the class of securities removed from listing and registration on the Nasdaq Stock Market, per the language in the notification.