XOMA Royalty Corp (Nasdaq: XOMA) common stock removed from Nasdaq listing
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
XOMA Royalty Corp is having its common stock removed from listing and/or registration on the Nasdaq Stock Market under Section 12(b) of the Securities Exchange Act of 1934. Nasdaq certifies it has complied with its rules and 17 CFR 240.12d2-2(b) to strike this class of securities. The issuer has also complied with exchange rules and 17 CFR 240.12d2-2(c) governing voluntary withdrawal of the common stock from listing and registration.
Positive
- None.
Negative
- XOMA Royalty Corp common stock is being removed from listing and/or registration on the Nasdaq Stock Market under Section 12(b) of the Securities Exchange Act of 1934.
Key Figures
Commission File Number: 000-39801
SEC rule citation: 17 CFR 240.12d2-2(b)
SEC rule citation: 17 CFR 240.12d2-2(c)
3 metrics
Commission File Number
000-39801
File number associated with XOMA Royalty Corp for this removal from listing
SEC rule citation
17 CFR 240.12d2-2(b)
Rule cited for Nasdaq striking the class of securities from listing
SEC rule citation
17 CFR 240.12d2-2(c)
Rule cited for issuer compliance in voluntary withdrawal from listing and registration
Key Terms
Section 12(b) of the Securities Exchange Act of 1934, Form 25, withdraw registration, voluntary withdrawal
4 terms
Section 12(b) of the Securities Exchange Act of 1934 regulatory
"removal from listing and/or registration under Section 12(b) of the Securities Exchange Act of 1934"
Form 25 regulatory
"certifies that it has reasonable grounds to believe that it meets all of the requirements for filing the Form 25"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
withdraw registration regulatory
"to strike the class of securities from listing and/or withdraw registration on the Exchange"
voluntary withdrawal regulatory
"governing the voluntary withdrawal of the class of securities from listing and registration"
FAQ
What does XOMA (XOMA) disclose in this Form 25 filing?
XOMA Royalty Corp discloses that its common stock is being removed from listing and/or registration on the Nasdaq Stock Market under Section 12(b) of the Securities Exchange Act of 1934. Nasdaq certifies compliance with its rules and applicable SEC regulations for filing Form 25.
Which XOMA (XOMA) security is affected by this Nasdaq action?
The affected security is XOMA Royalty Corp’s common stock. Nasdaq states that it has complied with its rules to strike this class of securities from listing and/or registration, in accordance with 17 CFR 240.12d2-2(b) and related provisions governing removal from exchange listing.
Which regulations govern the XOMA (XOMA) delisting and deregistration?
The process is governed by Section 12(b) of the Securities Exchange Act of 1934 and SEC Rule 17 CFR 240.12d2-2. Nasdaq cites paragraph (b) for striking the listing, while the issuer’s voluntary withdrawal follows paragraph (c) and applicable exchange rules.
Is the XOMA (XOMA) delisting described as voluntary by the issuer?
The filing states that the issuer has complied with exchange rules and 17 CFR 240.12d2-2(c), which governs voluntary withdrawal of a class of securities from listing and registration. This indicates the process includes issuer compliance with the regulatory framework for voluntary withdrawal.
From which exchange is XOMA (XOMA) common stock being removed?
XOMA Royalty Corp’s common stock is being removed from listing and/or registration on the Nasdaq Stock Market LLC. The notification identifies Nasdaq as the exchange where the security has been listed and from which the class of securities is being struck under Section 12(b).