Global Indemnity Group initiates NYSE delisting of Class A stock
Rhea-AI Filing Summary
Global Indemnity Group, LLC (GBLI) filed a Form 25 to remove its Class A Common Shares from listing and/or registration under Section 12(b) on the New York Stock Exchange. This filing is the formal step to delist the security from the NYSE. The notification identifies the affected class as Class A Common Shares with no par value. The document was executed by Senior Vice President and Senior Counsel Nathaniel D. DeRose.
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- NYSE delisting initiated via Form 25 for Class A Common Shares, potentially impacting liquidity and trading visibility
Insights
Form 25 starts NYSE delisting for GBLI Class A shares.
Global Indemnity Group submitted Form 25, which formally initiates removal of its Class A Common Shares from listing and/or registration under Section 12(b) on the NYSE. This step typically precedes the shares ceasing to trade on that exchange.
Delisting can reduce trading venue visibility and may affect liquidity and bid-ask spreads. The filing does not state reasons or future trading venues in the excerpt provided.
Key factual anchors are the form type (Form 25), the exchange (NYSE), the security (Class A Common Shares), and the signatory, dated