Priority Income Fund (PRIF) NYSE withdraws Series J 6.000% preferred listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
New York Stock Exchange LLC notified the removal of 6.000% Series J Term Preferred Stock due 2028 of Priority Income Fund, Inc. (PRIF) from listing and registration. The Exchange states it "has complied with its rules to strike the class of securities from listing" and the issuer "has complied with its rules" governing voluntary withdrawal.
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 001-38564
Coupon: 6.000%
Maturity: due 2028
3 metrics
Commission File Number
001-38564
Form 25 cover reference
Coupon
6.000%
Series J Term Preferred Stock
Maturity
due 2028
Series J Term Preferred Stock
Key Terms
Form 25, strike the class of securities from listing, voluntary withdrawal
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.
strike the class of securities from listing regulatory
""has complied with its rules to strike the class of securities from listing""
voluntary withdrawal regulatory
""voluntary withdrawal of the class of securities from listing and registration""
FAQ
Does the Form 25 state why PRIF's Series J was removed?
The excerpt does not provide a rationale beyond procedural compliance. It states the Exchange and issuer complied with the rules to strike the class of securities from listing and withdraw registration.
Is trading automatically halted when a Form 25 is filed for PRIF (PRIF)?
The filing excerpt does not specify trading status or halts. It only notifies removal from listing and registration and affirms procedural compliance; trading treatment is not described in the provided text.
What exact securities are identified in the PRIF Form 25?
The filing identifies the 6.000% Series J Term Preferred Stock due 2028 as the class of securities being struck from listing and withdrawn from registration.