Open Lending Corp common stock delisted from Nasdaq
Open Lending Corp is having its common stock removed from listing and registration on the Nasdaq Stock Market LLC under Section 12(b) of the Securities Exchange Act of 1934.
Rhea-AI Filing Summary
Open Lending Corp is having its common stock removed from listing and registration on the Nasdaq Stock Market LLC under Section 12(b) of the Securities Exchange Act of 1934. Nasdaq filed Form 25 after stating it complied with its rules to strike this class of securities, and that the issuer complied with the exchange’s rules governing voluntary withdrawal.
Positive
- None.
Negative
- Nasdaq delisting of common stock: Open Lending Corp’s common stock is being removed from listing and registration on the Nasdaq Stock Market LLC under Section 12(b) of the Exchange Act.
Filing Explained
This Form 25 records Nasdaq’s certification that it complied with its rules to strike Open Lending’s common stock from listing and withdraw its Section 12(b) registration. The issuer also complied with the applicable voluntary-withdrawal requirements; it is a removal filing, not confirmation in the document that the change is already effective.
Key Terms
Form 25 regulatory
Section 12(b) regulatory
voluntary withdrawal regulatory
strike the class of securities from listing regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does Open Lending Corp (LPRO) disclose in this Form 25?
Which security of Open Lending Corp (LPRO) is affected by the Nasdaq action?
Under which legal authority is Open Lending Corp (LPRO) being delisted from Nasdaq?
Who is certifying the Nasdaq delisting of Open Lending Corp (LPRO)?
Does the Form 25 for Open Lending Corp (LPRO) reference voluntary withdrawal by the issuer?
AI-generated analysis. How Rhea-AI works. Not financial advice.