[25-NSE] PHX Minerals Inc. SEC Filing
Rhea-AI Filing Summary
PHX Minerals has filed Form 25-NSE to notify its removal from listing and/or registration on the New York Stock Exchange (NYSE). The delisting affects the company's Class A Common Stock. The notification was filed on June 28, 2025, with the actual delisting process initiated on June 23, 2025.
The company, headquartered at 1320 South University Drive, Fort Worth, Texas, is proceeding with this delisting action in accordance with SEC regulations. The form was certified by NYSE representative Anthony Sozzi, Market Watch Analyst, confirming the exchange has reasonable grounds for the delisting action.
This regulatory filing is significant for investors as it indicates PHX Minerals' securities will no longer be traded on the NYSE. The delisting process complies with SEC requirements under Section 12(b) of the Securities Exchange Act of 1934.
Positive
- None.
Negative
- PHX Minerals is being delisted from the New York Stock Exchange (NYSE), which could significantly reduce stock liquidity and institutional investor access
- The delisting may make it more difficult for shareholders to trade shares and could negatively impact the stock's valuation