United Community Banks (UCB) Files Form 25 to Remove NYSE Listing
United Community Banks, Inc. (UCB) is being removed from listing and/or registration on the New York Stock Exchange LLC via a Form 25 notification filed by the Exchange.
Rhea-AI Filing Summary
United Community Banks, Inc. (UCB) is being removed from listing and/or registration on the New York Stock Exchange LLC via a Form 25 notification filed by the Exchange. The filing certifies that the Exchange and the Issuer have complied with the procedural rules governing voluntary withdrawal under 17 CFR 240.12d2-2. The form identifies the issuer's principal office in Greenville, South Carolina, and provides the Exchange's certification that it has reasonable grounds to file the notice.
Positive
- Issuer complied with Exchange rules for voluntary withdrawal under 17 CFR 240.12d2-2(c)
- Exchange certified procedural compliance in filing the Form 25
Negative
- Class of securities will be removed from listing and/or registration on the New York Stock Exchange LLC
- Filing contains no effective date or details on post-withdrawal listing/registration status
Insights
TL;DR: Form 25 notifies removal of UCB's securities from NYSE following procedural compliance.
The NYSE executed a Form 25 to remove the class of securities of United Community Banks, Inc. from listing and/or registration and states it complied with procedures under 17 CFR 240.12d2-2. The filing also states the issuer complied with the Exchange's voluntary withdrawal requirements.
Because the filing is procedural, it confirms a change in listing status but does not disclose reasons, effective dates, or alternative trading arrangements in this document.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What does the Form 25 for United Community Banks (UCB) notify?
Did the Exchange and issuer follow required procedures for the withdrawal?
Does the filing state when the removal becomes effective?
Where is United Community Banks' principal office listed in the filing?
Does the Form 25 explain the reason for the withdrawal?
AI-generated analysis. How Rhea-AI works. Not financial advice.