Gladstone Land (LAND) drops 5.00% Series D preferred from Nasdaq listing

Rhea-AI Filing Summary

Gladstone Land Corp. has had its 5.00% Series D Cumulative Term Preferred Stock removed from listing and registration on the Nasdaq Stock Market LLC. Nasdaq certifies that it has followed its own rules to strike this preferred stock class from listing, and the company has complied with the exchange’s requirements for voluntary withdrawal under the Securities Exchange Act of 1934.

Insights

Equity Markets & Listing Analyst

Gladstone Land’s 5.00% Series D preferred is voluntarily delisted from Nasdaq.

The action concerns only the 5.00% Series D Cumulative Term Preferred Stock of Gladstone Land Corp., which is being removed from listing and registration on the Nasdaq Stock Market LLC via a Form 25 filing.

Nasdaq states it has complied with its own rules to strike this class of securities, and the issuer has complied with exchange rules and SEC Rule 12d2‑2(c) governing voluntary withdrawal. This indicates a procedural, rule-based delisting rather than an involuntary removal for non-compliance.

For holders of the Series D preferred, the main implications relate to where and how the security may trade after removal, but those details are not provided in the excerpt and would need to be confirmed in subsequent company or market communications.

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

001-35795

Issuer:	GLADSTONE LAND Corp
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:	1521 Westbranch Drive
	Suite 100
	McLean	VIRGINIA	22102
Telephone number:					703-287-5846

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

5.00% Series D Cumulative Term Preferred Stock

(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.

2026-01-29	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 does Gladstone Land (LAND) Form 25 filing do for its Series D preferred?

The Form 25 removes Gladstone Land’s 5.00% Series D Cumulative Term Preferred Stock from listing and registration on Nasdaq. Nasdaq certifies compliance with its rules, and the issuer has followed exchange and SEC Rule 12d2-2(c) requirements for a voluntary withdrawal.

Which Gladstone Land (LAND) security is being delisted from Nasdaq?

The action applies specifically to Gladstone Land Corp.’s 5.00% Series D Cumulative Term Preferred Stock. This is a particular class of preferred shares, not a blanket removal of all company securities, and it is being struck from listing and registration on Nasdaq.

Is Gladstone Land’s Nasdaq delisting of the Series D preferred voluntary?

Yes. The filing states the issuer has complied with exchange rules and SEC Rule 12d2-2(c) governing voluntary withdrawal. Nasdaq also confirms it has followed its own procedures to strike this preferred stock class from listing and registration on the exchange.

Who certified the removal of Gladstone Land’s Series D preferred from Nasdaq?

Nasdaq Stock Market LLC certified the removal, signing the notification through an authorized person, Tara Petta, AVP. Nasdaq states it has reasonable grounds to believe it meets all requirements necessary to file Form 25 for this preferred stock class.

What SEC rule governs Gladstone Land’s withdrawal of its Series D preferred?

The withdrawal is governed by SEC Rule 12d2-2(c) under the Securities Exchange Act of 1934. The filing notes that Gladstone Land has complied with its exchange’s rules and the requirements of this rule for voluntary removal of the preferred stock from listing and registration.