HNW submits Form 25 for voluntary NYSE American withdrawal
Rhea-AI Filing Summary
Pioneer Diversified High Income Fund, Inc. (HNW) submitted a Form 25 notification to remove a class of its securities from listing and/or registration on NYSE American LLC. The filing cites compliance with 17 CFR 240.12d2-2(b) and 17 CFR 240.12d2-2(c), indicating the exchange and the issuer have followed the rules governing voluntary withdrawal and the exchange’s process to strike the securities from listing. The notice includes standard OMB disclosure information and a statement that the exchange believes it meets filing requirements.
Positive
- Issuer complied with voluntary withdrawal rules under 17 CFR 240.12d2-2(c)
- Exchange followed strike/withdrawal procedures under 17 CFR 240.12d2-2(b)
Negative
- Class of securities will be removed from listing on NYSE American
Insights
TL;DR: The issuer is voluntarily withdrawing a listed class from NYSE American under recognized rule provisions.
The filing explicitly states the action is being conducted under 17 CFR 240.12d2-2(c), which governs voluntary withdrawal by an issuer, and that the exchange followed 17 CFR 240.12d2-2(b) procedures to strike the class from listing.
This is a procedural market-structure event: it removes the affected class from the NYSE American listing but does not, by itself, disclose trading alternatives, timing, or impacts on holders beyond the fact of removal.