Real Asset Acquisition Corp. (RAAQ) notifies Nasdaq of share, warrant and unit delisting
Rhea-AI Filing Summary
Real Asset Acquisition Corp. filed a Form 25 notifying the Nasdaq Stock Market LLC of the removal of its Class A Ordinary Share, Warrants, and Units from listing and/or registration on Nasdaq. The notice states the delisting and withdrawal are made pursuant to 17 CFR 240.12d2-2 and related Nasdaq rules, with Nasdaq certifying compliance with its procedures and the issuer certifying voluntary withdrawal. The filing lists Nasdaq as the exchange and identifies March 31, 2018 on the form header.
Positive
- None.
Negative
- None.
Insights
Nasdaq certified a rule-based delisting and the issuer certified voluntary withdrawal.
The notice lists the securities removed as Class A Ordinary Share, Warrants, and Units and cites 17 CFR 240.12d2-2 subsections. The Exchange states it complied with its internal procedures in striking the classes from listing.
Timing and any post-delisting effects on trading or transfer agent processes are not detailed in the excerpt; subsequent filings or market notices may specify delisting effective dates and transfer mechanics.
The issuer certified voluntary withdrawal under exchange rules and federal regulation.
The form shows that the issuer attests it has complied with Nasdaq rules governing voluntary withdrawal. The filing identifies the company address in Princeton, New Jersey and is signed by a Nasdaq representative, showing administrative completion of the delisting notification.
The excerpt does not include reasons for the withdrawal, any shareholder approvals, or arrangements for outstanding warrants/units; those details are not contained in the provided text.