LendingClub (LC) files Form 25 to withdraw NYSE listing of common stock
Rhea-AI Filing Summary
LendingClub Corporation filed a Form 25 to withdraw the listing and registration of its Common Stock, par value $0.01 per share from the New York Stock Exchange.
The filing is made "Pursuant to 17 CFR 240.12d2-2(c)" and the submission is signed by Andrew Labenne, Chief Financial Officer on June 18, 2026.
Positive
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Negative
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Insights
Delisting/withdrawal is an administrative corporate action requiring regulatory steps.
The filing registers a voluntary withdrawal of the company’s Common Stock from listing on the New York Stock Exchange under Form 25 and cites compliance with 17 CFR 240.12d2-2(c). The action is presented as conforming to exchange and SEC rules.
Timing and next steps are tied to the regulatory process; the filing is signed by the CFO on June 18, 2026. Subsequent filings will show any changes in trading venue or registration status.
Filing cites Exchange compliance and references the Rule 12d2-2 framework.
The document references both the Exchange’s compliance and the issuer’s reliance on 17 CFR 240.12d2-2 and notes that the Form 25 and attached notice satisfy 17 CFR 240.19d-1 where applicable. This indicates procedural adherence to delisting/withdrawal rules.
Regulatory reviewers will expect the exchange to process the strike and for any required notices to be published; the excerpt does not state subsequent listing or trading arrangements.