Urgent.ly (ULY) removes Common Stock from Nasdaq listing — Form 25 filed
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Nasdaq Stock Market LLC and Urgent.ly Inc. (symbol ULY) filed a Form 25 to remove and withdraw the company’s Common Stock from listing and registration under Section 12(b) of the Exchange Act. The notice references Nasdaq compliance with 17 CFR 240.12d2-2 and is signed by a Nasdaq official.
Positive
- None.
Negative
- None.
Key Figures
Commission File Number: 001-41841
Referenced date: March 31, 2018
Security class: Common Stock
+2 more
5 metrics
Commission File Number
001-41841
Form 25 cover line
Referenced date
March 31, 2018
Expires date shown in header
Security class
Common Stock
Class described on Form 25
Issuer phone
(571) 350-3600
Issuer principal executive office phone
Issuer address zip
20147
Issuer principal executive office address
Key Terms
Form 25, Section 12(b), 17 CFR 240.12d2-2, withdrawal of registration
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
"REMOVAL FROM LISTING AND/OR REGISTRATION UNDER SECTION 12(b)"
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.
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b) the Exchange has complied"
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.
withdrawal of registration regulatory
"voluntary withdrawal of the class of securities from listing and registration"
FAQ
Why did Urgent.ly (ULY) file Form 25 to delist its common stock?
Form 25 notifies the SEC of a delisting; Nasdaq certified compliance with delisting rules. The filing states Nasdaq and the issuer complied with 17 CFR 240.12d2-2 procedures and voluntary withdrawal requirements for the class of securities.
Who signed the Form 25 for Urgent.ly (ULY) and what authority was cited?
A Nasdaq official, Jennifer Fainer (CDO Analyst), signed the Form 25 on behalf of Nasdaq. The filing cites Nasdaq's compliance with 17 CFR 240.12d2-2 and the Exchange's rules governing voluntary withdrawal.
When did the Form 25 filing reference an expiration or date of record?
The filing includes the date March 31, 2018 in its header content. The notice otherwise concentrates on procedural compliance and does not specify trading or transfer mechanics tied to that date.