Nasdaq moves to delist LivePerson stock
LIVEPERSON INC (LPSN) is the subject of a Form 25 filed by Nasdaq Stock Market LLC to remove its common stock from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934.
Rhea-AI Filing Summary
LIVEPERSON INC (LPSN) is the subject of a Form 25 filed by Nasdaq Stock Market LLC to remove its common stock from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934.
Nasdaq states it has complied with its rules to strike this class of securities, and the company is stated to have complied with exchange rules and SEC requirements governing voluntary withdrawal.
Positive
- None.
Negative
- LivePerson Inc. common stock removed from Nasdaq listing and/or Section 12(b) registration, which can affect trading venue, liquidity, and visibility for the shares.
Key Terms
Form 25, Section 12(b), 17 CFR 240.12d2-2(b), 17 CFR 240.12d2-2(c), +1 more
5 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
Section 12(b) regulatory
"REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934"
Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.
17 CFR 240.12d2-2(b) regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied"
17 CFR 240.12d2-2(c) regulatory
"the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal"
voluntary withdrawal regulatory
"governing the voluntary withdrawal of the class of securities"
FAQ
What does the Form 25 filing mean for LIVEPERSON INC (LPSN)?
The Form 25 filing means Nasdaq Stock Market LLC has notified the SEC of the removal of LIVEPERSON INC’s common stock from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934.
Which LIVEPERSON INC (LPSN) security is affected by this Form 25?
The filing states that the affected security is LIVEPERSON INC’s common stock, which is being removed from listing and/or registration on Nasdaq Stock Market LLC under Section 12(b).
Who initiated the Form 25 for LIVEPERSON INC (LPSN)?
The Form 25 is filed by Nasdaq Stock Market LLC, which certifies that it has complied with its rules to strike LIVEPERSON INC’s common stock from listing and/or withdraw its registration under Section 12(b).
Does the Form 25 indicate voluntary withdrawal by LIVEPERSON INC (LPSN)?
The filing states that LIVEPERSON INC has complied with the exchange’s rules and the requirements of 17 CFR 240.12d2-2(c), which govern the voluntary withdrawal of a class of securities from listing and registration.
Under which SEC rules is LIVEPERSON INC (LPSN) being delisted from Nasdaq?
The notice references Section 12(b) of the Exchange Act and related rules, including 17 CFR 240.12d2-2(b) and 17 CFR 240.12d2-2(c), covering exchange-initiated striking of a class and issuer voluntary withdrawal from listing and registration.
AI-generated analysis. How Rhea-AI works. Not financial advice.
