SES AI warrants voluntarily delisted from NYSE
SES AI Corp (SES) is having its warrants removed from listing and registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934.
Rhea-AI Filing Summary
SES AI Corp (SES) is having its warrants removed from listing and registration on the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934. The securities affected are warrants, each exercisable for one share of Class A common stock at an exercise price of $11.50 per share. The New York Stock Exchange certifies that it has complied with its rules to strike this class from listing, and SES AI Corp has complied with the Exchange’s rules and 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of the warrants from listing and registration.
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Key Figures
Warrant exercise price: $11.50 per share
1 metrics
Warrant exercise price
$11.50 per share
Each whole warrant exercisable for one share of Class A common stock
Key Terms
Form 25, Section 12(b), 17 CFR 240.12d2-2, voluntary withdrawal, +1 more
5 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.
Section 12(b) regulatory
"UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934"
Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.
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 regulatory
"governing the voluntary withdrawal of the class of securities"
registration under Section 12(b) regulatory
"REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b)"
FAQ
What security of SES (SES AI Corp) is being removed from the NYSE listing?
The security being removed is warrants of SES AI Corp, with each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share. The removal applies to this class of warrants, not to the common stock itself.
What regulatory process is SES (SES AI Corp) using to remove its warrants from NYSE listing?
The removal of SES AI Corp’s warrants is being carried out through a Form 25 filing under Section 12(b) of the Securities Exchange Act of 1934, in accordance with 17 CFR 240.12d2-2 and related provisions governing delisting and deregistration.
Is the delisting of SES (SES AI Corp) warrants voluntary?
Yes. The filing states that SES AI Corp has complied with the Exchange’s rules and the requirements of 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of this class of warrants from listing and registration on the New York Stock Exchange.
Who filed Form 25 for the SES (SES AI Corp) warrant delisting?
The New York Stock Exchange LLC filed Form 25, certifying that it has reasonable grounds to believe it meets all requirements for the filing. The notification is signed on behalf of the Exchange by Anthony Sozzi, Analyst, Market Watch.
What is the exercise price of SES (SES AI Corp) warrants being delisted?
Each SES AI Corp warrant being removed from listing is exercisable for one share of Class A common stock at an exercise price of $11.50 per share, as described in the Form 25 notification.
AI-generated analysis. How Rhea-AI works. Not financial advice.
