National Healthcare Properties: preferred delisting notice

National Healthcare Properties, Inc. (NHP) is the issuer of the 7.125% Series B Cumulative Redeemable Perpetual Preferred Stock covered by Nasdaq’s Form 25 notification for removal from listing and Section 12(b) registration.

Rhea-AI Filing Summary

National Healthcare Properties, Inc. (NHP) is the issuer of the 7.125% Series B Cumulative Redeemable Perpetual Preferred Stock covered by Nasdaq’s Form 25 notification for removal from listing and Section 12(b) registration. The form states that the issuer complied with exchange rules and requirements governing voluntary withdrawal.

Key Figures

Stated preferred-stock rate: 7.125%

1 metrics

Stated preferred-stock rate 7.125% Series B Cumulative Redeemable Perpetual Preferred Stock

Key Terms

Form 25, Section 12(b), voluntary withdrawal, Cumulative Redeemable Perpetual Preferred Stock

4 terms

Form 25 regulatory

"FORM 25 NOTIFICATION OF REMOVAL"

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

"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.

voluntary withdrawal regulatory

"governing the voluntary withdrawal of the class"

Cumulative Redeemable Perpetual Preferred Stock financial

"Series B Cumulative Redeemable Perpetual Preferred Stock"

A cumulative redeemable perpetual preferred stock is a type of ownership share that pays fixed dividends forever unless the company stops them, and any missed dividends accumulate and must be paid later. It can be redeemed (bought back) by the issuer at specified times or prices, so it behaves partly like a long-term loan; investors care because it sits ahead of common shares for payments and can affect a company’s cash needs and perceived credit risk.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What is happening to NHP’s Series B preferred stock?

National Healthcare Properties, Inc.’s 7.125% Series B Cumulative Redeemable Perpetual Preferred Stock is covered by Nasdaq’s Form 25 notification for removal from listing and Section 12(b) registration. The form states that the issuer complied with the requirements governing voluntary withdrawal.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/05/2026 - 05:02 PM Accepted by SEC EDGAR 10/05/2026 - 05:02 PM Learn about SEC filing dates

UNITED STATES

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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

001-39153

Issuer:	National Healthcare Properties, Inc.
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:	222 Bellevue Avenue
	Newport	RHODE ISLAND	02840
Telephone number:					212-415-6592

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

7.125% Series B Cumulative Redeemable Perpetual Preferred Stock

(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.

2026-10-05	By	Tara Petta		AVP
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.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.