HPK Form 25: Nasdaq Certification of Securities Removal for HighPeak Energy

Rhea-AI Filing Summary

HighPeak Energy, Inc. (HPK) submitted a Form 25 notification indicating removal of a class of its securities from listing and/or registration on the Nasdaq Stock Market LLC. The filing includes the issuer's principal office address and telephone number and states that Nasdaq certifies it has complied with the rules governing removal and has reasonable grounds to file the Form 25. The filing does not state which specific rule box was checked or provide a reason or effective date for the removal.

Positive

• Formal notice filed: A Form 25 notification was submitted for HighPeak Energy, indicating the exchange process has begun.
• Exchange certification: Nasdaq certifies it has complied with its rules and has reasonable grounds to file the Form 25.

Negative

• Delisting/withdrawal indicated: The filing notifies removal of a class of HighPeak Energy securities from Nasdaq listing/registration.
• Key details missing: The document does not provide the effective date, the specific rule checkbox selected, or the reason for removal, limiting investor clarity.

Insights

Corporate Governance Expert

TL;DR: The company is being removed from Nasdaq; the exchange certifies procedural compliance but the filing lacks explanatory detail.

The Form 25 is a formal notice that a class of HighPeak Energy securities will be struck from Nasdaq listing/registration. The filing documents procedural compliance by Nasdaq and provides issuer contact information. It does not disclose the effective date, the specific rule basis selected, or the substantive reason for removal, limiting stakeholders' ability to assess governance or compliance causes.

Securities Analyst

TL;DR: Removal from Nasdaq is material for investors; the filing is procedural and omits key timing and rationale.

Form 25 confirms initiation of delisting/withdrawal for HighPeak Energy on Nasdaq and includes a certification that Nasdaq followed its rules. Absent are the box selection details, effective date, and rationale, so market participants cannot determine immediate trading or registration consequences from this document alone.

UNITED STATES

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-39464

Issuer:	HighPeak Energy, Inc.
Exchange:	Nasdaq Stock Market LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	421 W. 3rd Street, Suite 1000
	Fort Worth	TEXAS	76102
Telephone number:					713-269-1331

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

Warrant

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2025-08-21	By	Tara Petta		AVP
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What company is the Form 25 for (symbol)?

HighPeak Energy, Inc. (HPK)

Which exchange is listed on the filing?

Nasdaq Stock Market LLC

Does the filing state why HPK securities are being removed?

No. The document does not provide a reason for the removal.

Does the filing include an effective date for the removal?

No. The filing does not specify an effective date.

What issuer contact information is provided in the filing?

Address: 421 W. 3rd Street, Suite 1000, Fort Worth, Texas 76102; Telephone: 713-269-1331.