OppFi Inc. (NYSE: OPFI) to delist Class A stock warrants from NYSE
Rhea-AI Filing Summary
OppFi Inc. is removing a class of its securities from trading on the New York Stock Exchange. The affected securities are warrants, with each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share. The New York Stock Exchange LLC states it has followed its rules to strike this warrant class from listing and registration, and OppFi has followed the Exchange’s rules and SEC requirements for the voluntary withdrawal of these warrants from listing and registration under Section 12(b) of the Securities Exchange Act of 1934.
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Key Figures
Warrant Exercise Price: $11.50 per share
1 metrics
Warrant Exercise Price
$11.50 per share
Each whole warrant exercisable for one share of Class A common stock
Key Terms
Form 25, Section 12(b), voluntary withdrawal, warrants
4 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING"
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
"registration under SECTION 12(b) of the Securities Exchange Act"
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 of securities"
warrants financial
"Warrants, each whole warrant exercisable for one share"
Warrants are special documents that give you the right to buy a company's stock at a set price before a certain date. They are often used as a way for companies to attract investors or raise money, and their value can increase if the company's stock price goes up.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What security is OppFi Inc. (OPFI) delisting from the NYSE?
OppFi Inc. is delisting its warrants, with each whole warrant exercisable for one share of Class A common stock at an $11.50 exercise price, from the New York Stock Exchange.
Is OppFi Inc. (OPFI) voluntarily withdrawing these warrants from NYSE listing?
Yes. OppFi has complied with NYSE rules and SEC rule 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of this warrant class from listing and registration under Section 12(b).
What regulatory form is used for OppFi Inc. (OPFI) warrant delisting?
The delisting uses Form 25, the SEC Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934 for the warrant class.
Which exchange is involved in the OppFi Inc. (OPFI) warrant removal?
The New York Stock Exchange LLC is the exchange striking OppFi’s warrant class from listing and registration, certifying it has complied with its rules and SEC provisions for Form 25 filings.
What is the exercise price of OppFi Inc. (OPFI) warrants being removed?
Each whole OppFi warrant being removed from NYSE listing is exercisable for one share of Class A common stock at an exercise price of $11.50 per share, as described in the notice.