SOS Ltd files Form 25 to withdraw NYSE listing
Rhea-AI Filing Summary
SOS Ltd submitted a Form 25 notification indicating the company's class of securities will be removed from listing and/or registration on the New York Stock Exchange LLC. The filing lists the Exchange's compliance with the procedural rules under 17 CFR 240.12d2-2 and notes the Exchange certifies it has reasonable grounds to file the Form 25. The document provides issuer address and contact details but does not state which specific subsection was used, whether the withdrawal is voluntary or involuntary, the effective removal date, or any financial metrics.
Positive
- Exchange certified procedural compliance under 17 CFR 240.12d2-2
Negative
- Class of securities to be removed from listing/registration on the NYSE
- No effective date or reason disclosed, limiting investor visibility
Insights
Form 25 signals a delisting/withdrawal process but lacks timing or reasons.
The filing confirms the New York Stock Exchange LLC has initiated the formal process to remove SOS Ltd's securities from listing using Form 25 and cites compliance with 17 CFR 240.12d2-2. This is an administrative notice that starts the statutory removal or withdrawal workflow.
The document does not disclose whether the issuer or the Exchange requested the removal, the effective date, or any related corporate actions; those items determine investor impact and are essential to monitor in subsequent filings or Exchange notices within the near term.