Delisting filed for QTREX Quantum Ltd. (QTEX) warrant
Rhea-AI Filing Summary
QTREX Quantum Ltd. has had its warrant class targeted for removal from listing and registration on the Nasdaq Stock Market LLC. Nasdaq filed a Form 25 under Section 12(b) of the Securities Exchange Act of 1934, referencing Rule 12d2-2, to strike this class of securities from listing and/or withdraw its registration.
Positive
- None.
Negative
- None.
Filing Explained
The Form 25 records Nasdaq’s notification and certification that it complied with the applicable process to strike QTREX’s warrant class from Nasdaq listing and/or withdraw its Section 12(b) registration; the filing does not state that the removal has already taken effect.
Key Terms
Form 25, Section 12(b) of the Securities Exchange Act of 1934, 17 CFR 240.12d2-2(b), 17 CFR 240.12d2-2(c), +1 more
5 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.
Section 12(b) of the Securities Exchange Act of 1934 regulatory
"REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b) OF THE SECURITIES"
17 CFR 240.12d2-2(b) regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules"
17 CFR 240.12d2-2(c) regulatory
"the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal"
withdrawal of the class of securities from listing and registration regulatory
"governing the voluntary withdrawal of the class of securities from listing and registration"
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FAQ
What action involving QTEX did Nasdaq take in this Form 25 filing?
Nasdaq filed Form 25 to remove QTREX Quantum Ltd.’s warrant from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934.
Which QTEX security is affected by the removal from Nasdaq listing?
The filing concerns QTREX Quantum Ltd.’s warrant class of securities. Nasdaq’s Form 25 targets this specific class for removal from exchange listing and/or registration under Section 12(b).
Who is the issuer in the QTEX Form 25 delisting notice?
The issuer is QTREX Quantum Ltd., whose principal executive offices are in Ra'anana, Israel. Its warrant class is the security referenced for removal from Nasdaq listing and/or registration.
What regulatory provisions are cited in the QTEX Form 25?
The notice cites Section 12(b) of the Securities Exchange Act of 1934 and 17 CFR 240.12d2-2, including paragraphs (b) and (c), governing removal of securities from listing and registration.
Does the QTEX Form 25 mention compliance with exchange rules?
Yes. The text states that Nasdaq has complied with its rules to strike the class from listing and that the issuer has complied with exchange rules and 17 CFR 240.12d2-2(c) regarding withdrawal from listing and registration.