FONAR Corp (NASDAQ: FONR) common stock withdrawn from Nasdaq listing
Rhea-AI Filing Summary
FONAR Corp notifies that its Common Stock has been removed from listing and/or registration on the Nasdaq Stock Market LLC under Section 12(b) of the Exchange Act. The notification certifies Nasdaq complied with the procedures in 17 CFR 240.12d2-2 and the issuer complied with Nasdaq rules for voluntary withdrawal.
Positive
- None.
Negative
- None.
Insights
Nasdaq processed a voluntary removal of FONAR's common stock from listing.
The submission is a procedural Form 25 under Section 12(b), stating Nasdaq and the issuer complied with the specified rule sections (17 CFR 240.12d2-2 and 12d-2(c)). The form documents delisting/withdrawal action, not operational or financial performance.
Cash‑flow treatment and subsequent trading venue are not stated in the excerpt; subsequent filings would specify any transfer of trading venue or shareholder actions.