Chart Industries (GTLS) preferred depositary shares set for NYSE delisting notice
Rhea-AI Filing Summary
Chart Industries is having its Depositary Shares, each representing a 1/20th interest in a share of 6.75% Series B Mandatory Convertible Preferred Stock, removed from listing and/or registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934. The exchange certifies that it has met the regulatory requirements to strike this class of securities from listing or withdraw its registration, and the issuer is stated to have complied with the applicable exchange rules and SEC requirements for voluntary withdrawal.
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Insights
NYSE is removing a specific Chart Industries preferred depositary share listing.
The notification states that a class of Chart Industries Depositary Shares tied to its 6.75% Series B Mandatory Convertible Preferred Stock will be removed from listing and/or registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act. This action is documented on Form 25, which is used to formalize delisting or deregistration of a particular security class.
The text explains that the exchange has complied with its own rules to strike this class from listing or withdraw registration, and that the issuer has complied with the exchange’s rules and SEC requirements governing voluntary withdrawal. The filing focuses narrowly on this specific preferred-stock-related Depositary Share class and does not discuss other securities or provide financial metrics, so the information is primarily procedural rather than performance-related.