Oxford Lane Capital (NASDAQ: OXLC) removes 6.25% Series 2027 preferred
Rhea-AI Filing Summary
Oxford Lane Capital Corp. notified the SEC that the 6.25% Series 2027 Term Preferred Shares have been removed from listing and/or registration on the Nasdaq Stock Market LLC. Nasdaq states it complied with 17 CFR 240.12d2-2 procedures and the issuer complied with the Exchange's rules governing voluntary withdrawal.
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Key Figures
Commission File Number: 001-35041
Security series: 6.25% Series 2027 Term Preferred Shares
Header expiry date: March 31, 2018
+2 more
5 metrics
Commission File Number
001-35041
Form 25 cover
Security series
6.25% Series 2027 Term Preferred Shares
Class removed from Nasdaq listing/registration
Header expiry date
March 31, 2018
Expires date shown in header
Issuer address zip
06830
Issuer principal executive office address
Issuer telephone
203-983-5275
Issuer principal executive office telephone
Key Terms
Form 25, withdrawal from listing and/or registration, 17 CFR 240.12d2-2
3 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.
withdrawal from listing and/or registration regulatory
"voluntary withdrawal of the class of securities from listing and registration"
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Oxford Lane Capital (OXLC) file with the SEC?
The company filed a Form 25 notification documenting removal of the 6.25% Series 2027 Term Preferred Shares. Nasdaq certified compliance with 17 CFR 240.12d2-2 and the issuer certified compliance with Exchange rules for voluntary withdrawal.
Which class of securities was removed from Nasdaq for OXLC?
The removed class is the 6.25% Series 2027 Term Preferred Shares. The Form 25 identifies that particular series as the class of securities struck from listing and/or registration on Nasdaq.
What regulatory rule does Nasdaq cite in the Form 25 for the removal?
Nasdaq cites 17 CFR 240.12d2-2 (including subsections (a)(1)–(4) and (b)–(c)) as the rule under which it and the issuer complied to effect the strike/withdrawal of the listed class.
Does the Form 25 indicate Nasdaq or the issuer initiated the removal?
The filing states Nasdaq has complied with its rules to strike the class and that the issuer has complied with Exchange rules governing voluntary withdrawal. The Form 25 therefore records both Exchange action and issuer compliance.