VRME Files Form 25 to Remove 2025 Warrants from Nasdaq Listing
Rhea-AI Filing Summary
VerifyMe, Inc. (VRME) filed a Form 25 through the Nasdaq Stock Market LLC to remove its warrant expiring 6/23/2025 from listing and registration under Section 12(b) of the Securities Exchange Act of 1934.
The notice (Commission File No. 001-39332) confirms that both the Exchange and the issuer have satisfied the procedural requirements of Rules 12d2-2(b) and 12d2-2(c) for voluntary withdrawal. The document was signed on 2025-06-23 by Tara Petta, AVP, on Nasdaq’s behalf. Once the Form 25 becomes effective, the referenced warrant will cease trading on the Nasdaq exchange and its registration under Section 12(b) will be terminated.
Positive
- None.
Negative
- Nasdaq is striking VerifyMe’s warrant expiring 6/23/2025 from listing and registration, ending its ability to trade on the exchange.
Insights
TL;DR: Nasdaq delists VerifyMe 2025 warrant; exchange trading ends, limiting liquidity and elevating execution risk for current holders.
The Form 25 filing indicates that VerifyMe’s warrant class expiring 6/23/2025 will be struck from Nasdaq’s listing and registration rolls. Delisting removes the regulatory obligations tied to Section 12(b) and eliminates the warrant’s visibility on a national exchange. While no reason is provided, the action typically follows low trading volume or corporate streamlining. Investors holding the warrant will have to trade over-the-counter or privately once the delisting is effective, which can materially widen bid-ask spreads and reduce pricing transparency. The filing covers only the specified warrant; it does not reference VerifyMe’s common equity. Because an exchange-traded liquidity venue is being lost, the event is modestly negative for warrant valuation and optionality.
FAQ
What SEC document did VerifyMe (VRME) file on 2025-06-23?
Which VerifyMe security is being delisted in the Form 25?
Which exchange is removing the VerifyMe warrant from listing?
Who signed the Form 25 on behalf of Nasdaq?
What regulatory rules were cited as satisfied in the filing?