[25-NSE] Redfin Corporation SEC Filing
Nasdaq Stock Market LLC has filed a Form 25 with the U.S. Securities and Exchange Commission to remove Redfin Corporation’s (symbol: RDFN) common stock from listing and registration under Section 12(b) of the Securities Exchange Act of 1934. The filing—signed by Nasdaq AVP Tara Petta on 1 July 2025—certifies that the exchange has reasonable grounds for the submission and has complied with the relevant rules (17 CFR 240.12d2-2(b) and, if applicable, 12d2-2(c)). No financial performance data, earnings metrics, or explanatory narrative is included. The document simply initiates the formal delisting and/or deregistration process for Redfin’s common shares.
Nasdaq Stock Market LLC ha presentato un Modulo 25 alla U.S. Securities and Exchange Commission per rimuovere le azioni ordinarie di Redfin Corporation (simbolo: RDFN) dalla quotazione e registrazione ai sensi della Sezione 12(b) del Securities Exchange Act del 1934. La presentazione—firmata dall'AVP di Nasdaq Tara Petta il 1° luglio 2025—certifica che la borsa ha motivi fondati per la richiesta e ha rispettato le norme pertinenti (17 CFR 240.12d2-2(b) e, se applicabile, 12d2-2(c)). Non sono inclusi dati finanziari, indicatori di redditività o spiegazioni narrative. Il documento avvia semplicemente il processo formale di delisting e/o cancellazione dalla registrazione delle azioni ordinarie di Redfin.
Nasdaq Stock Market LLC ha presentado un Formulario 25 ante la Comisión de Bolsa y Valores de EE.UU. para retirar las acciones ordinarias de Redfin Corporation (símbolo: RDFN) de la cotización y registro bajo la Sección 12(b) de la Ley de Intercambio de Valores de 1934. La presentación—firmada por la AVP de Nasdaq, Tara Petta, el 1 de julio de 2025—certifica que la bolsa tiene motivos razonables para la solicitud y ha cumplido con las reglas pertinentes (17 CFR 240.12d2-2(b) y, si corresponde, 12d2-2(c)). No se incluyen datos financieros, métricas de ganancias ni narrativas explicativas. El documento simplemente inicia el proceso formal de exclusión y/o cancelación del registro de las acciones ordinarias de Redfin.
나스닥 증권거래소 LLC는 미국 증권거래위원회(SEC)에 레드핀 코퍼레이션(Redfin Corporation, 심볼: RDFN)의 보통주를 1934년 증권거래법 섹션 12(b)에 따른 상장 및 등록에서 제외하기 위해 Form 25를 제출했습니다. 2025년 7월 1일 나스닥 부사장 타라 페타(Tara Petta)가 서명한 이 제출 문서는 거래소가 제출 사유에 합리적인 근거가 있음을 인증하며 관련 규정(17 CFR 240.12d2-2(b) 및 해당되는 경우 12d2-2(c))을 준수했음을 명시합니다. 재무 성과 데이터, 수익 지표 또는 설명적 서술은 포함되어 있지 않습니다. 이 문서는 단순히 레드핀 보통주의 공식 상장폐지 및/또는 등록말소 절차를 시작하는 것입니다.
Nasdaq Stock Market LLC a déposé un formulaire 25 auprès de la U.S. Securities and Exchange Commission afin de retirer les actions ordinaires de Redfin Corporation (symbole : RDFN) de la cotation et de l'enregistrement en vertu de la Section 12(b) du Securities Exchange Act de 1934. Le dépôt—signé par la vice-présidente de Nasdaq, Tara Petta, le 1er juillet 2025—certifie que la bourse dispose de motifs raisonnables pour cette démarche et a respecté les règles applicables (17 CFR 240.12d2-2(b) et, le cas échéant, 12d2-2(c)). Aucune donnée financière, indicateur de performance ou explication narrative n’est incluse. Le document lance simplement le processus formel de radiation et/ou de désenregistrement des actions ordinaires de Redfin.
Die Nasdaq Stock Market LLC hat bei der US-Börsenaufsichtsbehörde (SEC) ein Formular 25 eingereicht, um die Stammaktien der Redfin Corporation (Symbol: RDFN) von der Börsennotierung und Registrierung gemäß Abschnitt 12(b) des Securities Exchange Act von 1934 zu entfernen. Die Einreichung—unterzeichnet von Nasdaq-AVP Tara Petta am 1. Juli 2025—bestätigt, dass die Börse berechtigte Gründe für die Einreichung hat und die einschlägigen Vorschriften (17 CFR 240.12d2-2(b) und gegebenenfalls 12d2-2(c)) eingehalten wurden. Es sind keine finanziellen Leistungsdaten, Gewinnkennzahlen oder erläuternde Texte enthalten. Das Dokument leitet lediglich den formellen Delisting- und/oder Deregistrierungsprozess für die Stammaktien von Redfin ein.
- None.
- Nasdaq has initiated the removal of Redfin’s common stock from listing and registration via Form 25, signalling an impending delisting.
- The filing provides no explanation or alternative listing plan, increasing uncertainty around future liquidity and governance transparency.
Insights
TL;DR – Nasdaq’s Form 25 indicates Redfin’s common stock is being delisted/deregistered, a materially negative liquidity event for shareholders.
The filing triggers the SEC process that will terminate Redfin’s Section 12(b) registration and remove its listing on Nasdaq. Delisting typically lowers trading liquidity, can restrict institutional ownership, and may shift the shares to over-the-counter markets unless the company relists elsewhere. Because no accompanying explanation or alternative listing venue is disclosed, the event is presently negative from a market-access standpoint. Investors should monitor subsequent filings (e.g., Form 15, 8-K) for clarification on Redfin’s strategic intent and the effective delisting date.
TL;DR – Filing shows compliance with SEC Rule 12d2-2; absence of context leaves stakeholders with open governance questions.
Nasdaq affirms procedural compliance, but the document offers no insight into whether the withdrawal is voluntary or imposed (e.g., listing-standards deficiency). Lack of disclosure on board resolutions, shareholder communications, or transition plans raises governance transparency issues. Until the issuer supplies additional information, the market must treat the action as a potential risk factor concerning corporate reporting obligations and investor protections.
Nasdaq Stock Market LLC ha presentato un Modulo 25 alla U.S. Securities and Exchange Commission per rimuovere le azioni ordinarie di Redfin Corporation (simbolo: RDFN) dalla quotazione e registrazione ai sensi della Sezione 12(b) del Securities Exchange Act del 1934. La presentazione—firmata dall'AVP di Nasdaq Tara Petta il 1° luglio 2025—certifica che la borsa ha motivi fondati per la richiesta e ha rispettato le norme pertinenti (17 CFR 240.12d2-2(b) e, se applicabile, 12d2-2(c)). Non sono inclusi dati finanziari, indicatori di redditività o spiegazioni narrative. Il documento avvia semplicemente il processo formale di delisting e/o cancellazione dalla registrazione delle azioni ordinarie di Redfin.
Nasdaq Stock Market LLC ha presentado un Formulario 25 ante la Comisión de Bolsa y Valores de EE.UU. para retirar las acciones ordinarias de Redfin Corporation (símbolo: RDFN) de la cotización y registro bajo la Sección 12(b) de la Ley de Intercambio de Valores de 1934. La presentación—firmada por la AVP de Nasdaq, Tara Petta, el 1 de julio de 2025—certifica que la bolsa tiene motivos razonables para la solicitud y ha cumplido con las reglas pertinentes (17 CFR 240.12d2-2(b) y, si corresponde, 12d2-2(c)). No se incluyen datos financieros, métricas de ganancias ni narrativas explicativas. El documento simplemente inicia el proceso formal de exclusión y/o cancelación del registro de las acciones ordinarias de Redfin.
나스닥 증권거래소 LLC는 미국 증권거래위원회(SEC)에 레드핀 코퍼레이션(Redfin Corporation, 심볼: RDFN)의 보통주를 1934년 증권거래법 섹션 12(b)에 따른 상장 및 등록에서 제외하기 위해 Form 25를 제출했습니다. 2025년 7월 1일 나스닥 부사장 타라 페타(Tara Petta)가 서명한 이 제출 문서는 거래소가 제출 사유에 합리적인 근거가 있음을 인증하며 관련 규정(17 CFR 240.12d2-2(b) 및 해당되는 경우 12d2-2(c))을 준수했음을 명시합니다. 재무 성과 데이터, 수익 지표 또는 설명적 서술은 포함되어 있지 않습니다. 이 문서는 단순히 레드핀 보통주의 공식 상장폐지 및/또는 등록말소 절차를 시작하는 것입니다.
Nasdaq Stock Market LLC a déposé un formulaire 25 auprès de la U.S. Securities and Exchange Commission afin de retirer les actions ordinaires de Redfin Corporation (symbole : RDFN) de la cotation et de l'enregistrement en vertu de la Section 12(b) du Securities Exchange Act de 1934. Le dépôt—signé par la vice-présidente de Nasdaq, Tara Petta, le 1er juillet 2025—certifie que la bourse dispose de motifs raisonnables pour cette démarche et a respecté les règles applicables (17 CFR 240.12d2-2(b) et, le cas échéant, 12d2-2(c)). Aucune donnée financière, indicateur de performance ou explication narrative n’est incluse. Le document lance simplement le processus formel de radiation et/ou de désenregistrement des actions ordinaires de Redfin.
Die Nasdaq Stock Market LLC hat bei der US-Börsenaufsichtsbehörde (SEC) ein Formular 25 eingereicht, um die Stammaktien der Redfin Corporation (Symbol: RDFN) von der Börsennotierung und Registrierung gemäß Abschnitt 12(b) des Securities Exchange Act von 1934 zu entfernen. Die Einreichung—unterzeichnet von Nasdaq-AVP Tara Petta am 1. Juli 2025—bestätigt, dass die Börse berechtigte Gründe für die Einreichung hat und die einschlägigen Vorschriften (17 CFR 240.12d2-2(b) und gegebenenfalls 12d2-2(c)) eingehalten wurden. Es sind keine finanziellen Leistungsdaten, Gewinnkennzahlen oder erläuternde Texte enthalten. Das Dokument leitet lediglich den formellen Delisting- und/oder Deregistrierungsprozess für die Stammaktien von Redfin ein.