[25-NSE] WOLFSPEED, INC. SEC Filing
Rhea-AI Filing Summary
WOLFSPEED, INC. (WOLF) submitted a Form 25 notice with the New York Stock Exchange LLC to remove a class of its securities from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934. The filing lists the issuer's principal office at 4600 Silicon Drive, Durham, NC and a contact phone number. The form states the Exchange and the issuer have complied with applicable procedural rules and notes that the Form 25 and attached notice satisfy certain SEC compliance provisions.
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Insights
TL;DR: The filing is a procedural notice that a class of WOLFSPEED securities will be removed from NYSE listing; specifics of motive are not provided.
The Form 25 is a regulatory notification used to effect removal of a listed class of securities. The filing confirms procedural compliance by the Exchange and references SEC rule provisions for voluntary withdrawal and Exchange-initiated delisting, but it does not disclose which provision is being relied upon or the effective date. For governance reviewers, the core implication is a change in listing status that may affect shareholder liquidity and reporting obligations, although this document alone contains no operational or financial detail to explain the cause or timing.
TL;DR: Regulatory form indicates delisting action but provides no financial metrics or rationale to assess investor impact.
From a market perspective, Form 25 signals that a class of WOLFSPEED securities will be struck from NYSE listing or registration. The filing is procedural and confirms compliance with 17 CFR provisions but omits which specific rule was selected and any effective date or supporting disclosure. Without accompanying notices or financial data, the document cannot be used to quantify valuation or liquidity impacts; further filings or exchange notices would be required to evaluate material investor effects.