Form 25 Filed for ModivCare (MODV) — Nasdaq Delisting Notice
Rhea-AI Filing Summary
ModivCare Inc (MODV) is the subject of a Form 25 notice filed with the SEC to remove its class of securities from listing and/or registration on the Nasdaq Stock Market LLC. The filing lists the issuer's principal office at 5524 E. Fourth Street, Tucson, AZ 85711 and a contact phone 520-748-7108. The document cites compliance with the Exchange and SEC procedures for removal but does not state which specific rule box was selected or give a removal date.
Positive
- None.
Negative
- Form 25 filed to remove ModivCare Inc (MODV) from Nasdaq listing/registration
- Filing does not provide an effective removal date or specify whether the withdrawal is voluntary or rule‑based
Insights
Form 25 signals delisting action on ModivCare's Nasdaq listing.
The filing is a formal SEC notification that Nasdaq has initiated the process to remove ModivCare's securities from Nasdaq listing and/or registration using Form 25. The notice records the issuer name, exchange, and the company's principal office and phone but provides no removal effective date within the text provided.
This is material because removal from a national exchange typically affects liquidity and investor access; the filing confirms procedural compliance by the Exchange but does not disclose whether the withdrawal was voluntary or involuntary.