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.
Key Figures
Key Terms
Form 25 regulatory
17 CFR 240.12d2-2 regulatory
voluntary withdrawal financial
FAQ
What does Stellar Bancorp (STEL) Form 25 filing mean?
Who signed the Form 25 for the NYSE in this filing?
Which regulation does the Form 25 cite for delisting?
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