TEAF common shares set for NYSE removal via Form 25

Rhea-AI Filing Summary

New York Stock Exchange LLC filed Form 25 to remove Tortoise Sustainable & Social Impact Term Fund (TEAF) common shares from listing and registration under Section 12(b). The Exchange certified it complied with its rules to strike the class of securities, and the issuer complied with Exchange rules and 17 CFR 240.12d2-2(c) governing voluntary withdrawal. The notification was signed by an NYSE authorized person on 2025-11-10.

Positive

• None.

Negative

• NYSE Form 25 filed to remove TEAF common shares from listing and registration under Section 12(b), indicating a delisting action.

Insights

Exchange listing and compliance analyst

NYSE filed Form 25 to delist TEAF common shares.

NYSE submitted a Form 25 to remove TEAF common shares from listing and registration under Section 12(b). The filing states the Exchange complied with its rules to strike the class, and the issuer complied with 17 CFR 240.12d2-2(c) for voluntary withdrawal.

This action typically ends exchange trading of the affected class; actual market impact depends on alternative trading venues and fund actions, which are not detailed here.

The notification was signed on 2025-11-10. Subsequent disclosures may clarify any next steps or timelines.

UNITED STATES

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SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 25

NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.

Commission File Number

001-38840

Issuer:	TORTOISE SUSTAINABLE & SOCIAL IMPACT TERM FUND
Exchange:	NEW YORK STOCK EXCHANGE LLC

(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)

Address:	6363 COLLEGE BOULEVBARD
	OVERLAND PARK	KANSAS	66211
Telephone number:					913-981-1020

(Address, including zip code, and telephone number, including area code, of Issuer's principal executive offices)

Common shares of beneficial interest

(Description of class of securities)

Please place an X in the box to designate the rule provision relied upon to strike the class of securities from listing and registration:

17 CFR 240.12d2-2(a)(1)

17 CFR 240.12d2-2(a)(2)

17 CFR 240.12d2-2(a)(3)

17 CFR 240.12d2-2(a)(4)

Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange. ¹

Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements fo the Securities Exchange Act of 1934, NEW YORK STOCK EXCHANGE LLC certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25 and has caused this notification to be signed on its behalf by the undersigned duly authorized person.

2025-11-10	By	Anthony Sozzi		Analyst, Market Watch
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did NYSE file for TEAF?

NYSE filed Form 25 to remove TEAF common shares from listing and registration under Section 12(b).

Which TEAF securities are affected?

The action applies to common shares of beneficial interest of Tortoise Sustainable & Social Impact Term Fund.

Did TEAF and the Exchange meet the required rules?

Yes. The Exchange certified compliance to strike the class, and the issuer complied with Exchange rules and 17 CFR 240.12d2-2(c) for voluntary withdrawal.

When was the Form 25 notification signed?

The notification was signed on 2025-11-10 by an authorized NYSE representative.

What exchange was TEAF listed on before the filing?

TEAF’s common shares were listed on the New York Stock Exchange LLC.

What is the regulatory basis for the removal?

The filing cites Section 12(b)17 CFR 240.12d2-2 provisions.