Skechers USA (NYSE: SKX) files Form 25 to remove Class A stock listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Skechers USA Inc. notified the New York Stock Exchange of the removal of its Class A Common Stock from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934. The Exchange certified compliance with rule 17 CFR 240.12d2-2 and the issuer certified it met the Exchange's withdrawal requirements.
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FAQ
Why did Skechers (SKX) file Form 25 to remove its Class A Common Stock?
The filing reports a formal withdrawal of the Class A Common Stock from NYSE listing under Section 12(b). The Exchange and the issuer certified compliance with 17 CFR 240.12d2-2 and the Exchange’s withdrawal rules, as stated in the notification.
Does the Form 25 filing for SKX mean Skechers is delisting entirely from public markets?
The Form 25 shows removal from NYSE listing and/or registration under Section 12(b). It does not state whether securities will be delisted from all public markets or relisted elsewhere; further filings or exchange notices would confirm subsequent market status.
What regulatory clauses did the NYSE cite in the SKX Form 25 filing?
The Exchange referenced compliance with 17 CFR 240.12d2-2, including subsections (a)(1)–(4) and paragraph (b). The filing also states the issuer complied with the Exchange rules and 17 CFR 240.12d-2(c) for voluntary withdrawal procedures.
Who signed the Form 25 notification for Skechers (SKX)?
The notification was signed on behalf of the New York Stock Exchange by Tyler Mastronardi, Analyst, Market Watch. The filing shows the Exchange executed the Form 25 certification under its authorized representative.