Gates Industrial Corp Ltd. (GTES) moves to remove NYSE listing
Rhea-AI Filing Summary
Gates Industrial Corp Ltd. filed a Form 25 for its Common Shares (Old), removing this class of securities from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934 on the New York Stock Exchange. The NYSE states it has complied with its own rules to strike the securities from listing, and the issuer has complied with Exchange rules and 17 CFR 240.12d2-2(c) governing voluntary withdrawal. The notification is signed on behalf of the NYSE by Victoria Paper, Manager, Market Watch.
Positive
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Negative
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Key Figures
Commission File Number: 001-38366
Form 25 expiry: March 31, 2018
Issuer telephone: (303) 744-1911
3 metrics
Commission File Number
001-38366
Exchange Act registration file number for Gates Industrial Corp Ltd.
Form 25 expiry
March 31, 2018
Date shown in the header as the expiration related to the notice
Issuer telephone
(303) 744-1911
Telephone number for Gates Industrial Corp Ltd. principal executive offices in Denver, Colorado
Key Terms
Form 25, Section 12(b) of the Securities Exchange Act of 1934, voluntary withdrawal, 17 CFR 240.12d2-2(c)
4 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.
Section 12(b) of the Securities Exchange Act of 1934 regulatory
"REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934"
voluntary withdrawal regulatory
"governing the voluntary withdrawal of the class of securities from listing"
17 CFR 240.12d2-2(c) regulatory
"requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does Gates Industrial Corp Ltd. (GTES) report in this Form 25?
Gates Industrial Corp Ltd. reports that its Common Shares (Old) are being removed from listing and/or registration under Section 12(b) on the New York Stock Exchange, in accordance with Exchange rules and SEC regulation 17 CFR 240.12d2-2.
Which securities of GTES are affected by this NYSE delisting notice?
The filing states that the affected securities are Common Shares (Old) of Gates Industrial Corp Ltd. This class is being removed from listing and/or registration on the New York Stock Exchange LLC pursuant to Form 25.
Is the GTES delisting described as voluntary in this Form 25 filing?
The filing notes that, under 17 CFR 240.12d2-2(c), the issuer has complied with Exchange rules and SEC requirements governing the voluntary withdrawal of this class of securities from listing and registration on the New York Stock Exchange.
Who certifies compliance for the GTES Form 25 delisting from NYSE?
The New York Stock Exchange LLC certifies it has reasonable grounds to believe it meets all requirements for filing Form 25. The notification is signed by Victoria Paper, Manager, Market Watch, as a duly authorized person.
What regulation governs GTES’s removal from NYSE listing under Section 12(b)?
The delisting and deregistration proceed under Section 12(b) of the Securities Exchange Act of 1934 and 17 CFR 240.12d2-2, including subsection (c), which covers issuer compliance for voluntary withdrawal from listing and registration.