LGL Group (NYSE American: LGL) warrant class set for delisting
Rhea-AI Filing Summary
LGL Group Inc has had its warrants to purchase common stock, which expire on December 31, 2025, removed from listing and registration on the NYSE American LLC. The exchange filed a Form 25 under Section 12(b) of the Securities Exchange Act of 1934 to strike this class of securities from listing. The filing states that the exchange has complied with its own rules for removal and that the issuer has complied with the exchange’s rules and SEC requirements governing the voluntary withdrawal of this warrant class from listing and registration.
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Insights
LGL’s exchange-listed warrants are being removed from NYSE American.
The notice states that NYSE American LLC is removing LGL Group Inc warrants to purchase common stock, expiring December 31, 2025, from listing and registration under Section 12(b). This is done via a Form 25, which is the standard mechanism for delisting a class of securities from a national exchange.
The language indicates that both the exchange and the issuer have complied with applicable exchange rules and SEC requirements for striking or voluntarily withdrawing this warrant class. The change applies specifically to the warrants and does not describe any impact on other LGL securities in this excerpt. Actual effects for investors depend on how and where, if at all, these warrants may trade after delisting, which is not covered here.