Kellanova (K) securities set for NYSE removal as exchange files Form 25

Rhea-AI Filing Summary

Kellanova has received a Form 25 notification from the New York Stock Exchange LLC, which starts the process to remove its common stock and certain debt securities from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934. The affected debt securities are its 0.500% Senior Notes due 2029 and 3.750% Senior Notes due 2034. The exchange certifies that it has reasonable grounds to file this notice and that applicable rules for removal from listing and/or withdrawal of registration have been followed.

Positive

• None.

Negative

• Kellanova’s common stock and certain senior notes are being removed from listing and/or registration on the New York Stock Exchange, which can reduce liquidity and may affect how easily investors can trade these securities.

Insights

Equity & Listing Structure Analyst

NYSE has initiated removal of Kellanova’s common stock and certain notes from listing and/or registration.

The New York Stock Exchange LLC filed a Form 25 for Kellanova, covering the company’s common stock and two series of senior notes. This filing is the formal step to remove these securities from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934.

The text states that the exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration, and that the issuer has complied with exchange rules and applicable regulations for voluntary withdrawal. This combination indicates that procedural conditions for removal have been met, without specifying the underlying business reason.

For investors, removal from a major exchange can affect trading liquidity and how easily shares and notes can change hands. The timing and the ultimate trading venue or registration status beyond this step are not detailed in the excerpt, so later company or exchange communications would provide further context around where and how these securities will trade going forward.

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

001-04171

Issuer:	KELLANOVA
Exchange:	NEW YORK STOCK EXCHANGE LLC

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

Address:	412 N Wells St
	Chicago	ILLINOIS	60654
Telephone number:					(269) 961-2000

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

Common Stock; 0.500% Senior Notes due 2029; 3.750% Senior Notes due 2034

(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, NEW YORK STOCK EXCHANGE 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.

2025-12-11	By	Tyler Mastronardi		Analyst, Market Watch
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 action is being taken on Kellanova (K) securities in this Form 25?

The New York Stock Exchange LLC filed a Form 25 to remove Kellanova’s common stock and two classes of its debt securities from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934.

Which specific Kellanova (K) securities are affected by this NYSE Form 25?

The affected securities are Kellanova common stock, its 0.500% Senior Notes due 2029, and its 3.750% Senior Notes due 2034.

Who filed the Form 25 related to Kellanova (K)?

The Form 25 was filed by the New York Stock Exchange LLC, which certifies that it has reasonable grounds to believe it meets all requirements for filing this notification.

Does the Form 25 indicate compliance with NYSE and SEC rules for Kellanova (K)?

Yes. The document states that the exchange has complied with its rules for striking the securities from listing and/or withdrawing registration, and that the issuer has complied with exchange rules and the requirements of 17 CFR 240.12d2-2(c).

What does removal from listing and/or registration under Section 12(b) mean for Kellanova (K) investors?

Removal from listing and/or registration under Section 12(b) means the securities will no longer be listed on the NYSE, which can affect trading liquidity and how investors buy or sell these securities. The excerpt does not specify any alternative listing venue.

Is the Kellanova (K) delisting described as voluntary in this content?

The text notes that the issuer has complied with exchange rules and the requirements of 17 CFR 240.12d2-2(c), which govern voluntary withdrawal, while also stating that the exchange has complied with its rules to strike the class of securities. It does not elaborate further on the underlying reason.