United Security Bancshares (NASDAQ: UBFO) withdraws Nasdaq listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
United Security Bancshares notified Nasdaq of the removal/withdrawal of its Common Stock from listing and registration. Nasdaq certified that it complied with rules to strike the class, and the issuer complied with Exchange requirements governing voluntary withdrawal. The notice is signed by a Nasdaq CDO analyst.
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 000-32897
Expiry / Notice Date: March 31, 2018
Issuer telephone: +1 559 248-4943
3 metrics
Commission File Number
000-32897
Form 25 cover line
Expiry / Notice Date
March 31, 2018
Expires line at top of form
Issuer telephone
+1 559 248-4943
Issuer principal executive offices contact
Key Terms
Form 25, strike the class of securities, voluntary withdrawal
3 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.
strike the class of securities regulatory
"has complied with its rules to strike the class of securities from listing"
voluntary withdrawal regulatory
"the Issuer has complied with its rules of the Exchange ... governing the voluntary withdrawal"
FAQ
Who certified the removal of UBFO from Nasdaq listing?
Nasdaq Stock Market LLC certified the removal and compliance with rules, and the notification is signed on Nasdaq's behalf by Jennifer Fainer, identified as a CDO Analyst, per the Form 25 submission.
Does the Form 25 include trading or financial details for UBFO?
No. The Form 25 text focuses on procedural compliance for delisting/withdrawal and certification; it does not provide trading metrics, proceeds, or financial results tied to the action.
Which security class is affected by the Form 25 for UBFO?
The filing references the issuer's Common Stock as the class of securities to be struck from listing and/or registration on Nasdaq under the cited rules.