Ready Capital Corp (NYSE: RC) withdraws 6.20% Senior Notes due 2026 listing

Rhea-AI Filing Summary

Ready Capital Corp filed a Form 25 to remove from listing its 6.20% Senior Notes due 2026 on the New York Stock Exchange. The Exchange states it complied with 17 CFR 240.12d2-2 procedures and Ready Capital complied with the Exchange's rules governing voluntary withdrawal.

Key Figures

Coupon and maturity: 6.20% Senior Notes due 2026

1 metrics

Coupon and maturity 6.20% Senior Notes due 2026 Identified security class being removed from NYSE listing

Key Terms

Form 25, 17 CFR 240.12d2-2, voluntary withdrawal of the class of securities

3 terms

Form 25 regulatory

"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING"

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.

17 CFR 240.12d2-2 regulatory

"Pursuant to 17 CFR 240.12d2-2(b) the Exchange has complied"

A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.

voluntary withdrawal of the class of securities financial

"Issuer has complied with its rules of the Exchange and the requirements"

UNITED STATES

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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

001-35808

Issuer:	Ready Capital Corp
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:	1251 AVENUE OF THE AMERICAS
	New York	NEW YORK	10020
Telephone number:

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

6.20% Senior Notes due 2026

(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.

2026-04-22	By	Tyler Mastronardi		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 does Ready Capital Corp's (RC) Form 25 mean?

It notifies removal of a security from NYSE listing. The filing states the 6.20% Senior Notes due 2026 are being withdrawn from NYSE registration, and both the Exchange and issuer complied with applicable withdrawal rules.

Which security is being removed for RC?

The filing identifies the 6.20% Senior Notes due 2026. The Form 25 names that debt class as the specific security being removed from NYSE listing and/or registration.

Who certified the removal on the Form 25 for RC?

The New York Stock Exchange LLC certified the notice. The form is signed by Tyler Mastronardi, Analyst, Market Watch, stating the Exchange had reasonable grounds to file the Form 25.

Was the withdrawal voluntary according to the Form 25?

Yes. The Form 25 states the issuer complied with Exchange rules governing the voluntary withdrawal of the class of securities from listing and registration under 17 CFR 240.12d2-2(c).

Does the Form 25 specify timing or next steps for RC's notes?

The excerpt does not include detailed timing or post-withdrawal steps. It states procedural compliance under 17 CFR 240.12d2-2 but provides no further schedule or disposition details.