Holley Inc. (NYSE: HLLY) removes redeemable warrants from NYSE listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Holley Inc. is removing its Redeemable Warrants from listing and registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934. Each whole warrant is exercisable for one share of common stock at an exercise price of $11.50. The exchange and the company state they have complied with the applicable 17 CFR 240.12d2-2 listing and withdrawal rules.
Positive
- None.
Negative
- None.
Key Figures
Warrant exercise price: $11.50 per share
1 metrics
Warrant exercise price
$11.50 per share
Exercise price for each redeemable warrant exercisable into one share of common stock
Key Terms
Redeemable Warrants, Section 12(b) of the Securities Exchange Act of 1934, 17 CFR 240.12d2-2, voluntary withdrawal
4 terms
Redeemable Warrants financial
"Redeemable Warrants, each whole warrant exercisable for one share of Common Stock"
A redeemable warrant is a tradable right that lets its holder buy a company’s shares at a fixed price before a set date, but the issuer has the contract power to cancel (redeem) the warrant early under agreed terms. For investors this matters because early redemption can force decision-making, change the timing of when new shares might be created, and affect potential gains or dilution—much like a store coupon that the issuer can cancel by paying you off instead of letting you use it.
Section 12(b) of the Securities Exchange Act of 1934 regulatory
"removal from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934"
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules"
A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.
voluntary withdrawal regulatory
"governing the voluntary withdrawal of the class of securities from listing and registration"
FAQ
What did Holley Inc. (HLLY) do in this Form 25 action?
Holley Inc. is removing its Redeemable Warrants from listing and registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934. The exchange certifies compliance with applicable SEC rules for this withdrawal.
Which Holley Inc. (HLLY) securities are affected by this delisting?
The action applies to Holley Inc.’s Redeemable Warrants, with each whole warrant exercisable for one share of common stock. These warrants are being removed from listing and registration on the New York Stock Exchange, not the underlying common stock itself.
What are the terms of Holley Inc. (HLLY) redeemable warrants being removed?
Each Holley Inc. redeemable warrant is exercisable for one share of common stock at an exercise price of $11.50. The Form 25 concerns the removal of these warrants from NYSE listing and registration, not a change to their stated exercise terms.
What regulatory provisions govern Holley Inc. (HLLY) warrant delisting?
The removal is undertaken under Section 12(b) of the Securities Exchange Act and 17 CFR 240.12d2-2. The New York Stock Exchange cites compliance with subsection (b), while Holley Inc. cites compliance with subsection (c) for voluntary withdrawal requirements.
Does Holley Inc. (HLLY) state it complied with exchange withdrawal rules?
Yes. It is stated that Holley Inc. has complied with the rules of the Exchange and the requirements of 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of this class of securities from listing and registration on the New York Stock Exchange.