[25-NSE] Y-mAbs Therapeutics, Inc. SEC Filing
Y-mAbs Therapeutics, Inc. submitted a Form 25 notification indicating the company’s class of securities will be removed from listing and/or registration on the Nasdaq Stock Market LLC. The filing identifies Nasdaq as the exchange and confirms that the Exchange and the Issuer have followed the procedural rules governing removal or voluntary withdrawal under the Securities Exchange Act. The document is a short procedural notice and does not include financial results, reasons for the removal, effective delisting date, or details about alternate trading arrangements.
- Procedural compliance confirmed with Nasdaq rules in filing
- Formal notice filed which clarifies regulatory status and starts the administrative process
- Securities will be removed from Nasdaq, reducing listing liquidity and visibility
- Filing lacks key details such as effective delisting date, reason for removal, and post-delisting trading plans
Insights
Delisting notice filed; action is procedural and material to liquidity.
The filing records that Y-mAbs Therapeutics, Inc. will be removed from Nasdaq and that both the Exchange and the issuer complied with the procedural requirements for a Form 25 filing. This is a formal step that typically precedes or records removal from an exchange and affects where and how the shares trade.
Key dependencies include the effective delisting date and whether the removal is voluntary or enforcement-driven; those specifics are not present in the document. Monitor any subsequent filings for the effective date, transfer to OTC markets, or disclosures on shareholder rights over the next
Procedural compliance confirmed; limited public detail in this notice.
The notice confirms compliance with Exchange rules under 17 CFR 240.12d2-2 subsections and cites procedural conformity for removal or voluntary withdrawal. It does not state operational, regulatory, or financial causes for the removal.
Investors should look for accompanying notices, proxy materials, or regulatory filings that explain the rationale and any board resolutions; expect additional disclosure within the issuer’s subsequent SEC filings or exchange notices within the near term.