Seabridge Gold (SA) removes Common Shares from NYSE listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Seabridge Gold Inc. notified the removal of its Common Shares from listing and/or registration on the New York Stock Exchange. The Exchange states it complied with 17 CFR 240.12d2-2 procedural rules and that the issuer complied with the Exchange's requirements governing voluntary withdrawal.
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 001-32135
Cited Rule: 17 CFR 240.12d2-2
Expires / Header Date: March 31, 2018
3 metrics
Commission File Number
001-32135
Form 25 cover line
Cited Rule
17 CFR 240.12d2-2
withdrawal procedures cited in filing
Expires / Header Date
March 31, 2018
header line on the submitted page
Key Terms
Form 25, 17 CFR 240.12d2-2, voluntary withdrawal
3 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.
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules"
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 regulatory
"governing the voluntary withdrawal of the class of securities from listing and registration"
FAQ
What did Seabridge Gold (SA) file with the SEC?
The filing is a Form 25 notification that Seabridge Gold's Common Shares are being removed from listing and/or registration on the New York Stock Exchange. The Exchange and the issuer state they complied with the procedures in 17 CFR 240.12d2-2 for withdrawal.
Who certified the Exchange's action in the Form 25 filing?
The New York Stock Exchange LLC certified it had reasonable grounds to file Form 25 and authorized Tyler Mastronardi, Analyst, Market Watch, to sign the notification on the Exchange's behalf, as shown on the submitted form.
Which regulatory rule is cited for the withdrawal?
The filing cites 17 CFR 240.12d2-2 (paragraphs (a)(1)–(a)(4) and (b)/(c)), indicating the Exchange and the issuer followed the procedures governing voluntary withdrawal and striking the class from listing/registration.
What class of securities is affected by the Form 25 filing?
The Form 25 explicitly identifies the affected class as Common Shares of Seabridge Gold Inc., and states the Exchange has complied with its rules to strike that class from listing and/or withdraw its registration.