[25-NSE] TITAN PHARMACEUTICALS INC SEC Filing
Rhea-AI Filing Summary
Titan Pharmaceuticals, Inc. (TTNP) appears in a Form 25 notification submitted to the SEC by Nasdaq Stock Market LLC indicating removal of a class of the issuer's securities from listing and/or registration under Section 12(b) of the Exchange Act. The filing names the issuer and exchange and gives the issuer's principal office address and phone number. The form includes references to the rule provisions used to strike the class (17 CFR 240.12d2-2 subsections) and contains a standard statement that Nasdaq believes it meets the requirements to file Form 25. The document as provided does not show which specific checkbox was marked, an effective date, or a signed/dated signature block.
Positive
- None.
Negative
- Form 25 filing indicates removal of a class of Titan Pharmaceuticals, Inc. securities from listing/registration on Nasdaq (Form 25 appears filed).
- Document lacks key details: the provided copy does not show which 12d2-2 subsection was checked, no effective date, and the signature/date block is blank.
Insights
TL;DR: Nasdaq filed a Form 25 notifying removal of a class of Titan Pharmaceuticals securities; the filing lacks checkbox choice, effective date, and signature details.
The Form 25 supplied identifies Titan Pharmaceuticals, Inc. and Nasdaq Stock Market LLC and references the statutory provisions for removal under 17 CFR 240.12d2-2. The filing text contains the standard Nasdaq certification language but the copy provided omits which specific rule paragraph was selected, any effective removal date, and the executed signature/date block. Those omissions limit the ability to determine timing and the voluntary or involuntary nature of the removal solely from this document.
TL;DR: The notice indicates delisting/withdrawal action for TTNP but lacks critical details needed to assess corporate or shareholder implications.
The submitted Form 25 names the issuer and provides contact information, and it cites compliance statements under 17 CFR 240.12d2-2(b) and (c). The absence of a marked rule provision, an effective date, and an executed signature block in the provided text means the document does not establish when or under what precise authority the removal becomes effective, preventing a full governance impact assessment from this content alone.