Form 25 Filed for iShares Trust (USBF) Delisting from Nasdaq

Rhea-AI Filing Summary

Nasdaq Stock Market LLC submitted a Form 25 notification to remove a class of securities of iShares Trust from listing and/or registration on the Nasdaq. The filing identifies the issuer at 1 Iron Street, Boston, MA, and references compliance with the Exchange's rules and federal provisions including 17 CFR 240.12d2-2 and related subsections. The notice indicates the Exchange believes it meets the requirements to file Form 25 and that the Exchange and/or issuer followed the procedural rules for voluntary withdrawal.

Positive

• Exchange certified regulatory compliance under 17 CFR 240.12d2-2
• Procedure noted as voluntary/administrative with Form 25 submission

Negative

• Class of securities is being removed from Nasdaq listing/registration
• No effective date or specific class details are provided, leaving investor impact unclear

Insights

Exchange Compliance Officer

Form 25 indicates a procedural removal of listing with stated regulatory compliance.

The notification shows the Exchange certified it has "reasonable grounds" and invoked 17 CFR 240.12d2-2 provisions, signaling the removal follows Nasdaq and federal procedural rules. No specific reason, effective date, or class designation is provided in the text.

The main dependency for investors is the missing detail on timing and the exact share class affected; those items determine tradability and custody actions in the near term. Watch for a subsequent notice specifying the effective date and any transfer or delisting instructions.

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

001-15897

Issuer:	iSHARES TRUST
Exchange:	Nasdaq Stock Market LLC

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

Address:	1 Iron Street
	Boston	MASSACHUSETTS	02210
Telephone number:

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

iShares Emergent Food and AgTech Multisector ETF, iShares MSCI Water Management Multisector ETF

(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, Nasdaq Stock Market 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.

2025-08-18	By	Tara Petta		AVP
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 action did Nasdaq take for iShares Trust (USBF)?

Nasdaq filed a Form 25 notifying removal of a class of iShares Trust securities from listing and/or registration.

Which regulatory provision is cited in the Form 25 for USBF?

The filing references 17 CFR 240.12d2-2 and related subsections governing delisting/withdrawal procedures.

Does the filing state the effective date of the removal?

No. The provided text does not include an effective date or timetable for the removal.

Does the document state why the securities are being removed?

No. The document certifies procedural compliance but does not disclose a reason for the removal.

Who signed or authorized the Form 25 filing?

The filing indicates it was signed on behalf of Nasdaq by an authorized person, but the name and date fields are not provided in the text.