Avidity Biosciences (RNA) files to withdraw Common Stock listing from Nasdaq
Rhea-AI Filing Summary
Avidity Biosciences, Inc. notified the removal/withdrawal of its Common Stock from listing and registration on the Nasdaq Stock Market LLC.
The notice states Nasdaq and the issuer each complied with the applicable rules under 17 CFR 240.12d2-2 governing voluntary withdrawal and removal procedures.
Positive
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Negative
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Insights
Form 25 records a voluntary removal of the company's common stock from Nasdaq.
The filing indicates a procedural delisting/withdrawal action for the Common Stock, with both Nasdaq and the issuer affirming compliance with 17 CFR 240.12d2-2. The text frames the action as following the exchange's and issuer's rules rather than as an enforcement delisting.
Timing and post-withdrawal trading venue or shareholder impacts are not detailed in the excerpt; subsequent filings or disclosures may specify next steps and trading arrangements.
FAQ
What does the Form 25 filed for Avidity Biosciences (RNA) announce?
Does the filing say whether the delisting was voluntary or involuntary for RNA?
Will Avidity Biosciences continue to trade after removal from Nasdaq?
Who certified the removal for Avidity Biosciences on the Form 25?
Which securities class is affected by this Form 25 for RNA?