MMVWW Facing Nasdaq Delisting as Form 25 Filed on 23 June 2025

Rhea-AI Filing Summary

Nasdaq Stock Market LLC has filed Form 25 with the U.S. Securities and Exchange Commission to remove MultiMetaVerse Holdings Ltd. (symbol: MMVWW) Class A Ordinary Shares and Warrants from listing and registration under Section 12(b) of the Exchange Act. The filing, dated 23 June 2025 and signed by Hearings Advisor Aravind Menon, states that Nasdaq has satisfied the procedural requirements of 17 CFR 240.12d2-2(b) for exchange-initiated delisting. The issuer has also met the conditions for voluntary withdrawal under 17 CFR 240.12d2-2(c). Once effective, the securities will no longer trade on Nasdaq and registration under Section 12(b) will be terminated.

Insights

Equity Market Analyst

TL;DR – Nasdaq is delisting MMVWW shares and warrants; liquidity and visibility will drop.

Nasdaq’s Form 25 initiates the formal process to strike MultiMetaVerse Holdings’ Class A shares and warrants from the exchange. Because both exchange rules (12d2-2(b)) and issuer-requested withdrawal provisions (12d2-2(c)) are cited, investors should expect trading to cease after the SEC’s ten-day effectiveness period, followed by termination of Section 12(b) registration after ninety days. Delisting typically reduces liquidity, widens bid-ask spreads, and may force certain institutional holders to divest. The filing offers no rationale, so stakeholders must monitor subsequent disclosures (e.g., Form 15 or press releases) for the company’s future trading venue or potential relisting plans.

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-41587

Issuer:	MultiMetaVerse Holdings Ltd
Exchange:	Nasdaq Stock Market LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	58 Floor, Unit 5801
	2 Queens Road Central
	Central Hong Kong	HONG KONG	999077
Telephone number:					+85292589728

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

Class A Ordinary Shares, Warrants

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, Nasdaq Stock Market LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2025-06-23	By	Aravind Menon		Hearings Advisor
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

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