Stellar Bancorp (STEL) files to withdraw Common Stock from NYSE listing
Rhea-AI Filing Summary
Stellar Bancorp, Inc. notified the New York Stock Exchange of a voluntary removal of its Common Stock from listing and registration under Section 12(b) of the Exchange Act. The Exchange states it has complied with Rule 12d2-2 and the issuer has met the Exchange's requirements for a voluntary withdrawal.
Positive
- None.
Negative
- None.
Insights
Form 25 records a voluntary delisting initiated under Exchange rules.
The filing indicates the Exchange and the issuer complied with 17 CFR 240.12d2-2 procedures for removing the class from listing. This is a procedural disclosure certifying regulatory steps were followed.
Timing and reasons for the voluntary withdrawal are not provided in the excerpt; subsequent filings may state delisting rationale and any effect on shareholder trading options.