Frontier Communications (NASDAQ: FYBR) set for Nasdaq stock delisting
Rhea-AI Filing Summary
Frontier Communications Parent, Inc. is having its common stock removed from listing and registration on the Nasdaq Stock Market. Nasdaq filed a Form 25 under Section 12(b) of the Securities Exchange Act of 1934, certifying that it has met the requirements to strike this class of securities from the exchange. This means the company’s common stock will no longer trade as a listed security on Nasdaq once the delisting is effective under the applicable rules.
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- Frontier Communications Parent, Inc. common stock is being removed from listing and registration on the Nasdaq Stock Market, ending its status as a Nasdaq-listed security.
Insights
Frontier is losing its Nasdaq listing for its common stock.
Frontier Communications Parent, Inc. is being removed from listing and registration on Nasdaq for its common stock, as certified in a Form 25 filed by Nasdaq Stock Market LLC. The filing states that Nasdaq has complied with its rules to strike this class of securities from listing under Section 12(b) of the Exchange Act.
This removal means the stock will no longer be listed on a major national securities exchange, which typically reduces visibility and may reduce liquidity for shareholders. The filing does not state a specific reason or provide financial metrics, so the significance is centered on the structural change in where and how the shares can be traded.
Investors will need to rely on future company communications and regulatory reports for details on any alternative trading venue or broader capital markets strategy, since this document focuses only on the delisting action itself.
FAQ
What did Frontier Communications Parent, Inc. (FYBR) file with the SEC?
Frontier Communications Parent, Inc. is the subject of a Form 25 filed by Nasdaq Stock Market LLC, which is a notification of removal from listing and/or registration of its common stock under Section 12(b) of the Securities Exchange Act of 1934.
Which Frontier Communications security is affected by this Form 25?
The filing applies to Frontier Communications Parent, Inc. common stock, which is being removed from listing and registration on the Nasdaq Stock Market.
Which exchange is delisting Frontier Communications Parent, Inc. (FYBR)?
The Nasdaq Stock Market LLC is removing the common stock of Frontier Communications Parent, Inc. from listing and registration, as stated in the Form 25.
Under what authority is Frontier Communications Parent, Inc. being delisted?
The removal of listing and/or registration of Frontier Communications Parent, Inc. common stock is made under Section 12(b) of the Securities Exchange Act of 1934 and the related rules, including 17 CFR 240.12d2-2.
Who signed the Nasdaq Form 25 for Frontier Communications Parent, Inc.?
The Form 25 was signed on behalf of Nasdaq Stock Market LLC by Tara Petta, identified with the title AVP, certifying that Nasdaq has reasonable grounds to believe it meets all requirements to file the Form 25.
What does the Form 25 mean for FYBR shareholders?
The Form 25 indicates that Frontier Communications Parent, Inc. common stock will no longer be listed or registered on Nasdaq, which generally affects where and how the shares can be traded, although this document does not describe any replacement trading venue.