Ouster (OUST) files Form 25 to delist warrants from Nasdaq (Mar 31, 2018)
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Ouster, Inc. notifies removal of its warrants from Nasdaq listing. Nasdaq Stock Market LLC submitted a Form 25 certifying removal and withdrawal of registration for the warrants, pursuant to 17 CFR 240.12d2-2. The filing states the Exchange and the issuer complied with the cited rules.
Positive
- None.
Negative
- None.
Insights
Removal reflects an administrative delisting of warrants under Nasdaq rules.
The filing certifies that Nasdaq and the issuer complied with 17 CFR 240.12d2-2 procedures to strike the class of securities from listing and withdraw registration. This is a procedural action documenting voluntary or rule-based removal.
Timing noted on the cover page is March 31, 2018; subsequent filings may detail any steps for holders or transfer agents.
FAQ
What does the Form 25 filing for OUST mean for holders of its warrants?
It notifies that the warrants were removed from Nasdaq listing. The filing states Nasdaq and the issuer complied with 17 CFR 240.12d2-2, documenting withdrawal of registration and the Exchange’s action to strike the class from the market.
Who certified the removal of Ouster, Inc. warrants from Nasdaq?
Nasdaq Stock Market LLC certified the removal by submitting Form 25. The submission was signed on Nasdaq’s behalf and affirms the Exchange believed it met the requirements under 17 CFR 240.12d2-2 for striking the warrants from listing and registration.
Does the Form 25 state whether the withdrawal was voluntary or involuntary for OUST warrants?
The filing states compliance with Exchange rules governing voluntary withdrawal under 17 CFR 240.12d-2(c) and with Nasdaq procedures; it documents the Exchange’s action but does not add further narrative on whether the decision was initiated by the issuer or by the Exchange.
What regulatory citation governs the delisting in the Ouster Form 25?
The filing cites 17 CFR 240.12d2-2 (subsections (a) and (b)) and references the issuer’s compliance with 17 CFR 240.12d-2(c). These provisions govern the Exchange’s procedures and the issuer’s voluntary withdrawal process.
Is there a date associated with the Ouster Form 25 filing I can reference?
The document cover references March 31, 2018. That date appears on the form’s header and serves as the time anchor for the filing’s certification of the Exchange action regarding the warrants.