Nuvation Bio (NUVB) redeemable warrants removed from NYSE listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Nuvation Bio Inc. has had its redeemable warrants removed from listing and registration on the New York Stock Exchange. These warrants were exercisable on a one-for-one basis for shares of Class A common stock at an exercise price of $11.50 per share.
The New York Stock Exchange filed this notification, certifying that it followed its own rules to strike this class of securities from listing and registration. The filing also states that Nuvation Bio complied with the Exchange’s rules and the requirements governing voluntary withdrawal of this warrant class from the Exchange.
Positive
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FAQ
What did Nuvation Bio Inc. (NUVB) file regarding its warrants?
Nuvation Bio Inc. had its redeemable warrants delisted from the NYSE. A Form 25 was filed by the New York Stock Exchange to remove this class of warrants from listing and registration after both the Exchange and the company complied with applicable rules.
Which Nuvation Bio (NUVB) securities are affected by this Form 25?
The affected securities are Nuvation Bio’s redeemable warrants. Each whole warrant was exercisable for one share of Class A common stock at an exercise price of $11.50 per share and has now been removed from NYSE listing and registration.
Who initiated the delisting of Nuvation Bio (NUVB) warrants?
The New York Stock Exchange filed the notification to delist the warrants. The filing states the Exchange followed its own rules to strike the warrant class, and that Nuvation Bio satisfied Exchange requirements for voluntary withdrawal of these securities.
What regulatory rule governs Nuvation Bio’s (NUVB) warrant delisting?
The delisting is governed by 17 CFR 240.12d2-2. The filing cites subsections (a), (b), and (c), noting that both the Exchange and Nuvation Bio met the conditions for removal of the warrant class from listing and registration on the NYSE.
Does the Form 25 affect Nuvation Bio’s Class A common stock listing?
The document only addresses redeemable warrants, not common stock. It specifies removal of the warrant class from NYSE listing and registration, without mentioning any change to the listing status of Nuvation Bio’s Class A common shares.
Who signed the NYSE notification for Nuvation Bio (NUVB) warrant delisting?
The notification was signed on behalf of the New York Stock Exchange by Tyler Mastronardi. He is identified as an Analyst in Market Watch, acting as a duly authorized person for purposes of the Form 25 certification.