SYNLOGIC (SYBX) files Form 25 with Nasdaq to withdraw Common Stock listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
SYNLOGIC, Inc. submitted a Form 25 notification with Nasdaq Stock Market LLC to remove its Common Stock from listing and withdraw its registration under Section 12(b) of the Exchange Act. The Exchange certified compliance with the rules governing voluntary withdrawal and signed the notice on behalf of Nasdaq.
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 001-37566
Form type: Form 25
Exchange: Nasdaq Stock Market LLC
+3 more
6 metrics
Commission File Number
001-37566
Form 25 cover identification
Form type
Form 25
Notification of removal from listing and/or registration
Exchange
Nasdaq Stock Market LLC
Exchange certifying withdrawal
Security class
Common Stock
Class of securities being removed from listing
Contact telephone
617-401-9947
Issuer principal office contact
Expires line date
March 31, 2018
Header expiration date shown on form
Key Terms
Form 25, Section 12(b), withdraw registration, 17 CFR 240.12d2-2
4 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
Section 12(b) regulatory
"UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT"
Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.
withdraw registration regulatory
"withdraw registration on the Exchange"
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(c)"
A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.
FAQ
What does SYNLOGIC (SYBX) filing a Form 25 mean?
Filing a Form 25 notifies the SEC that Nasdaq will remove and withdraw registration of the issuer's listed class. It means Nasdaq has certified compliance with the withdrawal rules under Section 12(b) and the issuer has completed the voluntary withdrawal procedures.
Which security and exchange are affected by SYNLOGIC's Form 25?
The filing covers the issuer's Common Stock listed on the Nasdaq Stock Market LLC. Nasdaq certified it met the procedural requirements to strike the class from listing and withdraw registration under the referenced Exchange Act rules.
Who signed the Form 25 on behalf of Nasdaq in the SYNLOGIC filing?
The Form 25 in the excerpt is signed by Aravind Menon, identified as a Hearings Advisor for Nasdaq. The notice states Nasdaq caused the notification to be signed by a duly authorized person on its behalf.
Does the Form 25 excerpt state whether the removal is voluntary?
The excerpt states the issuer and the Exchange complied with rules governing the voluntary withdrawal of the class from listing and registration under 17 CFR 240.12d2-2(c), indicating the withdrawal followed the voluntary procedure referenced in the filing.