XFLT’s 6.50% Series 2026 preferred removed from NYSE via Form 25

Rhea-AI Filing Summary

XAI Octagon Floating Rate & Alternative Income Trust announced the removal of a specific security from the NYSE. The Exchange filed Form 25 to delist and/or deregister the Trust’s 6.50% Series 2026 Term Preferred Shares, which carry a liquidation preference of $25.00 per share. The filing cites Exchange Act Rule 12d2‑2, noting the Exchange’s compliance to strike the class and the Issuer’s compliance with requirements for voluntary withdrawal from listing and registration.

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Exchange listing specialist

Administrative delisting of a preferred series; neutral impact.

The NYSE filed Form 25 to remove XAI Octagon’s 6.50% Series 2026 Term Preferred Shares from listing and/or registration. The notice references Rule 12d2-2, indicating procedural compliance for striking the class and the issuer’s voluntary withdrawal.

This action applies to the preferred series only and does not by itself indicate changes to distributions or capital structure beyond listing status. Actual market effect depends on subsequent disclosures regarding trading venue or redemption terms, if any.

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

001-38216

Issuer:	XAI Octagon Floating Rate & Alternative Income Trust
Exchange:	NEW YORK STOCK EXCHANGE LLC

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

Address:	321 NORTH CLARK STREET 2430
	Chicago	ILLINOIS	60654
Telephone number:					312-374-6930

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

6.50% Series 2026 Term Preferred Shares, (Liquidation Preference $25.00)

(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, NEW YORK STOCK EXCHANGE 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.

2025-10-31	By	Anthony Sozzi		Analyst, Market Watch
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 did XFLT announce in this Form 25 filing?

The NYSE filed to remove XAI Octagon’s 6.50% Series 2026 Term Preferred Shares from listing and/or registration on the Exchange.

Which security of XFLT is affected?

The 6.50% Series 2026 Term Preferred Shares with a liquidation preference of $25.00 per share.

Which exchange is involved in the delisting of XFLT’s preferred shares?

The New York Stock Exchange.

What regulatory rule is cited in the Form 25?

Exchange Act Rule 12d2-2, including provisions for the Exchange striking a class and the issuer’s voluntary withdrawal.

Does the Form 25 cover common shares of XFLT?

No. It specifically addresses the 6.50% Series 2026 Term Preferred Shares class.

What is the liquidation preference of the affected preferred shares?

The liquidation preference is $25.00 per share.