Soho House & Co Inc. (SHCO) moves to delist Class A stock from NYSE
Rhea-AI Filing Summary
Soho House & Co Inc. filed a Form 25 to remove its Class A Common Stock from listing and/or registration on the New York Stock Exchange LLC. The filing states that the Exchange has complied with its rules to strike the class of securities, and that the issuer has complied with Exchange rules and SEC requirements governing the voluntary withdrawal of the class from listing and registration.
Positive
- None.
Negative
- Voluntary delisting from NYSE: Soho House & Co Inc.'s Class A Common Stock is being removed from listing and/or registration on the New York Stock Exchange, which can reduce trading liquidity and market visibility for the shares.
Insights
Soho House is voluntarily delisting its Class A shares from the NYSE, which can affect trading liquidity and visibility.
The filing shows Soho House & Co Inc. is having its Class A Common Stock removed from listing and/or registration on the New York Stock Exchange. It cites compliance with Exchange rules to strike the class of securities and the SEC rule for voluntary withdrawal from listing.
Delisting from a major exchange generally limits access to that trading venue and can reduce share liquidity and index inclusion, depending on any alternative listing or trading arrangements. The notification is signed on behalf of the NYSE, confirming the Exchange believes it meets all requirements to file Form 25 under the Securities Exchange Act.