UTRN Form 25: NYSE Arca Listing Withdrawal Filed
Rhea-AI Filing Summary
Exchange Traded Concepts Trust submitted a Form 25 notification to remove a class of securities from listing and/or registration on NYSE Arca, Inc. The filing cites compliance with the Exchange rules and federal rule 17 CFR 240.12d2-2 for voluntary withdrawal. The notice identifies the issuer's address and contact number and references the Commission File Number 001-34570.
Positive
- Formal compliance with 17 CFR 240.12d2-2 is stated
- Exchange-certified notification to remove listing/registration
Negative
- Class of securities will be removed from listing and/or registration on NYSE Arca, Inc.
- Potential loss of exchange liquidity implied by removal from the listed market
Insights
Form 25 signals a formal withdrawal of listing on NYSE Arca under the specified rule.
The filing records that the Exchange and the issuer have complied with 17 CFR 240.12d2-2 procedures to remove the class of securities from listing and/or registration. It names NYSE Arca, Inc. as the exchange and provides the issuer contact details.
Near-term effects include removal from the Exchange's listing and any related exchange-provided services; investors should note the formal notification process has been completed as recorded in the filing.