Planet Labs (NYSE: PL) removes redeemable warrants from listing; $11.50 strike

Rhea-AI Filing Summary

Planet Labs PBC had its class of redeemable warrants struck from listing and registration on the New York Stock Exchange. The removed securities are redeemable warrants, each exercisable for one share of Class A common stock at an exercise price of $11.50 per share. The form lists an expiration reference of March 31, 2018 and cites Commission File Number 001-40166.

Key Figures

Commission File Number: 001-40166 Exercise Price: $11.50 Conversion Ratio: 1 share per warrant +1 more

4 metrics

Commission File Number 001-40166 Form 25 cover reference

Exercise Price $11.50 per warrant exercisable into one Class A share

Conversion Ratio 1 share per warrant each whole redeemable warrant exercisable for one Class A common share

Expiration Reference March 31, 2018 Expires date shown on form header

Key Terms

Form 25, redeemable warrants, struck from listing

3 terms

Form 25 regulatory

"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION"

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.

redeemable warrants financial

"Redeemable warrants, each whole warrant exercisable for one share"

A redeemable warrant is a tradable right that lets its holder buy a company’s shares at a fixed price before a set date, but the issuer has the contract power to cancel (redeem) the warrant early under agreed terms. For investors this matters because early redemption can force decision-making, change the timing of when new shares might be created, and affect potential gains or dilution—much like a store coupon that the issuer can cancel by paying you off instead of letting you use it.

struck from listing regulatory

"the Exchange has complied with its rules to strike the class of securities from listing"

UNITED STATES

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OMB Number:			3235-0080
Expires:	March 31, 2018
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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-40166

Issuer:	Planet Labs PBC
Exchange:	NEW YORK STOCK EXCHANGE LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	645 HARRISON STREET
	SAN FRANCISCO	CALIFORNIA	94107
Telephone number:					415-829-3313

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

Redeemable warrants, each whole warrant exercisable for one share of Class A common stock, each at an exercise price of $11.50 per share

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, NEW YORK STOCK EXCHANGE LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2026-04-27	By	Anthony Sozzi		Analyst, Market Watch
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did PL file with the SEC regarding its warrants?

Planet Labs filed a Form 25 notifying removal of its redeemable warrants from NYSE listing. The notice states the warrants are exercisable one-for-one at $11.50 per share and cites Commission File Number 001-40166.

Which securities were removed from the NYSE for PL?

The securities removed were redeemable warrants, each whole warrant exercisable for one share of Class A common stock. The filing describes the exercise price as $11.50 per warrant.

Does the Form 25 state when the warrants expire for PL?

The document includes an expiration reference of March 31, 2018. The filing text presents that date alongside the form header and the class description.

Who certified the removal from listing for PL's warrants?

The New York Stock Exchange LLC certified the Form 25 and the notice is signed by Anthony Sozzi, Analyst, Market Watch, on the exchange's behalf, per the filing language.

What is the Commission File Number on the PL Form 25?

The filing cites Commission File Number 001-40166. That number appears on the Form 25 cover as the issuer's SEC file reference.