NEXTNAV files Form 25 to delist warrants

NEXTNAV Inc. notifies that a class of its warrants has been removed from listing and registration on the Nasdaq Stock Market LLC pursuant to Form 25 and Exchange Rule 12d2-2.

Rhea-AI Filing Summary

NEXTNAV Inc. notifies that a class of its warrants has been removed from listing and registration on the Nasdaq Stock Market LLC pursuant to Form 25 and Exchange Rule 12d2-2.

The notification is filed by Nasdaq Stock Market LLC (Commission File Number 001-40985) and signed by an authorized exchange officer.

Insights

Corporate Governance Analyst

Form 25 records a voluntary or exchange-initiated delisting of a security class.

The filing states that Nasdaq has complied with the procedural requirements under 17 CFR 240.12d2-2 and that the issuer has met the Exchange's rules for withdrawal. This is an administrative delisting notice for the class described as warrants.

Practical implications depend on whether holders can continue to trade off-exchange or convert the warrants; timing and post-delisting trading arrangements are not provided in the excerpt.

Key Figures

Commission File Number: 001-40985 Security class: warrants Issuer address: 11911 Freedom Drive, Ste 200, Reston, VIRGINIA 20190 +3 more

6 metrics

Commission File Number 001-40985 Form 25 cover reference

Security class warrants Described class removed from Nasdaq listing

Issuer address 11911 Freedom Drive, Ste 200, Reston, VIRGINIA 20190 Issuer principal executive offices

Telephone 800-775-0982 Issuer contact on Form 25

Rule cited 17 CFR 240.12d2-2 Exchange compliance and basis for Form 25

Signed by Tara Petta, AVP Authorized Nasdaq officer on the notification

Key Terms

Form 25, 17 CFR 240.12d2-2, withdrawal of registration

3 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.

17 CFR 240.12d2-2 regulatory

"Pursuant to 17 CFR 240.12d2-2(b) the Exchange has complied"

A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.

withdrawal of registration regulatory

"voluntary withdrawal of the class of securities from listing and registration"

FAQ

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

What does NEXTNAV (NN) Form 25 filing mean for the warrants?

It reports that the class of warrants has been removed from Nasdaq listing. The notice states Nasdaq and the issuer complied with 17 CFR 240.12d2-2 procedures; specific post-delisting trading arrangements are not included in the excerpt.

Who filed the Form 25 for NEXTNAV warrants?

The filing was executed by Nasdaq Stock Market LLC on behalf of the Exchange. The document lists Commission File Number 001-40985 and is signed by an authorized Nasdaq officer, Tara Petta.

Does the Form 25 state whether the withdrawal was voluntary or involuntary?

The excerpt indicates compliance with both Exchange rules and 17 CFR 240.12d-2(c), which governs voluntary withdrawals, but it does not explicitly label the action as solely voluntary or involuntary in the provided text.

Will NEXTNAV still have its common stock listed after this filing?

The Form 25 excerpt references removal of a class described as warrants; it does not state anything about common stock listing status or other securities in the provided excerpt.

Where is NEXTNAV's principal executive office listed in the filing?

The filing lists the issuer address as 11911 Freedom Drive, Ste 200, Reston, VIRGINIA 20190 and provides a telephone number of 800-775-0982.

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

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Accepted by SEC EDGAR 06/26/2026 - 04:11 PM Learn about SEC filing dates

UNITED STATES

OMB APPROVAL

OMB Number:			3235-0080
Expires:	March 31, 2018
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hours per response:			1.7

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

001-40985

Issuer:	NEXTNAV 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:	11911 Freedom Drive, Ste 200
	Reston	VIRGINIA	20190
Telephone number:					800-775-0982

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

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.

2026-06-26	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.