[25-NSE] Landsea Homes Corporation Warrant SEC Filing
Nasdaq Stock Market LLC has filed Form 25 to deregister and delist Landsea Homes Corp. (symbol: LSEAW) securities from the exchange.
The filing, dated 25 June 2025 and signed by AVP Tara Petta, notifies the U.S. Securities and Exchange Commission of the removal of the company’s common stock and warrants from listing and registration under Section 12(b) of the Securities Exchange Act of 1934. Nasdaq confirms it has met all procedural requirements under 17 CFR 240.12d2-2(b), while the issuer has complied with voluntary withdrawal provisions under 17 CFR 240.12d2-2(c).
The document contains no financial performance data, earnings metrics, or transaction details; it is solely an administrative notice of delisting and deregistration.
For investors, the key implication is the imminent loss of an exchange listing, which typically reduces secondary-market liquidity and may affect price transparency for the affected securities.
- Regulatory compliance affirmed: Both Nasdaq and Landsea Homes met all requirements under 17 CFR 240.12d2-2 for orderly delisting.
- Loss of Nasdaq listing for Landsea Homes common stock and warrants, which is likely to reduce trading liquidity and market visibility.
Insights
TL;DR: Nasdaq filed Form 25 to delist Landsea Homes warrants and common stock; liquidity likely to decline.
This filing is a procedural step confirming that both Nasdaq and Landsea Homes Corp. have followed the rules governing the removal of securities from exchange listing and SEC registration. While no operational or financial information is provided, the act of delisting usually diminishes trading liquidity and can widen bid-ask spreads for the securities involved. Because only the administrative action is disclosed—without mitigating factors such as an alternate listing—the news is negative for current warrant and equity holders. The filing date (25 Jun 2025) starts the countdown for the securities to be struck from Nasdaq’s rolls once the SEC’s 10-day waiting period elapses.