STOCK TITAN

Nasdaq Files Form 25 to Remove Piedmont Lithium Securities from Listing

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
25-NSE

Rhea-AI Filing Summary

Piedmont Lithium Inc. (PLL) is the subject of a Form 25 notice with Nasdaq Stock Market LLC to remove a class of its securities from listing and/or registration under Section 12(b) of the Exchange Act. The filing identifies Nasdaq as the exchange and lists the issuer's principal office in Belmont, North Carolina. The Form references compliance with the procedural rules for delisting/withdrawal under 17 CFR 240.12d2-2(b) and 17 CFR 240.12d-2(c), and Nasdaq certifies it has reasonable grounds to file the Form 25 and will cause the notification to be signed on its behalf. No financial results, transaction details, or explicit reason for the proposed removal are provided in the text supplied.

Positive

  • Procedural compliance is documented: the filing cites adherence to 17 CFR 240.12d2-2(b) and 17 CFR 240.12d-2(c).
  • Exchange certification that Nasdaq has reasonable grounds to file Form 25 and will have the notification signed on its behalf.

Negative

  • Delisting/withdrawal action is indicated: the securities of Piedmont Lithium are being removed from Nasdaq listing and/or registration.
  • Key details missing: the filing text does not specify the class of securities affected, whether the withdrawal is voluntary or involuntary, the effective date, or the reasons for removal.

Insights

TL;DR: Form 25 notifies Nasdaq's intent to remove Piedmont Lithium shares from listing; the filing documents procedural compliance without stating reasons.

The filing is procedural: it names Piedmont Lithium Inc. and Nasdaq and cites compliance with 17 CFR 240.12d2-2(b) and 240.12d-2(c). For investors and regulators, the material point is that a delisting/withdrawal process has been initiated or documented. The form does not include which class of securities is affected, whether the delisting is voluntary or involuntary, effective date, or supporting financial or operational reasons. Those omissions limit the ability to assess the impact on shareholders.

TL;DR: The notice confirms procedural steps toward removal from Nasdaq but provides no substance on causes or timing.

The document demonstrates exchange-level compliance with Form 25 requirements yet lacks disclosures investors typically need: explicit class identifier, effective delisting date, board or issuer statements, and any remedial actions. Absent those details, the filing is informationally limited and should prompt stakeholders to seek the related Form 25 filing, attached notice, or subsequent 8-K or press release for material context.

UNITED STATES
OMB APPROVAL
OMB Number: 3235-0080
Expires: March 31, 2018
Estimated average burden
hours per response: 1.7
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 001-38427
Issuer: Piedmont Lithium Inc.
Exchange: Nasdaq Stock Market LLC
(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)
Address: 32N Main Street, Suite 100
Belmont NORTH CAROLINA 28012
Telephone number: 347-405-0237
(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)
Common Stock
(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, Nasdaq Stock Market 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.
2025-08-29 By Tara Petta AVP
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 does the Form 25 for Piedmont Lithium (PLL) indicate?

It notifies that Nasdaq has filed to remove a class of Piedmont Lithium securities from listing and/or registration and cites compliance with delisting/withdrawal rules.

Does the filing state why PLL securities are being removed from Nasdaq?

No. The provided text does not state reasons, such as noncompliance, voluntary withdrawal, or other causes.

Does the Form 25 include an effective date for the delisting of PLL?

No effective date is included in the content supplied.

What procedural rules are cited in the PLL Form 25 filing?

17 CFR 240.12d2-2(b) and 17 CFR 240.12d-2(c) are cited regarding exchange compliance and issuer requirements for withdrawal.

Where is Piedmont Lithium's principal executive office listed in the filing?

32N Main Street, Suite 100, Belmont, North Carolina 28012 with telephone number 347-405-0237 as provided in the document.
Piedmont Lithium Inc

NASDAQ:PLL

View PLL Stock Overview

PLL Rankings

PLL Latest News

PLL Latest SEC Filings

PLL Stock Data

159.11M
20.45M
Other Industrial Metals & Mining
Mining & Quarrying of Nonmetallic Minerals (no Fuels)
Link
United States
BELMONT