Zynex (NASDAQ: ZYXI) moves to remove Nasdaq listing
Rhea-AI Filing Summary
Zynex Inc. is removing its common stock from listing and registration on the Nasdaq Stock Market under Section 12(b) of the Securities Exchange Act of 1934. Nasdaq filed a Form 25, certifying it has complied with its own rules to strike this class of securities from listing and/or withdraw registration on the exchange. The filing also states that Zynex has complied with the exchange’s rules and the requirements of 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of this class of securities.
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- Zynex common stock is being removed from listing and registration on Nasdaq via Form 25 under Section 12(b), ending its status as a Nasdaq-listed security.
Insights
Zynex’s common stock is being removed from Nasdaq listing and registration, a materially adverse listing-status change.
The filing shows that Zynex Inc. common stock will be removed from listing and registration on the Nasdaq Stock Market LLC through a Form 25 under Section 12(b) of the Exchange Act. Nasdaq certifies that it has complied with its rules to strike this class of securities from listing and/or withdraw registration.
The language also notes that Zynex has complied with the exchange’s rules and the requirements of 17 CFR 240.12d2-2(c) governing the voluntary withdrawal of this class of securities. This represents a significant change in the company’s status as a Nasdaq-listed issuer. Actual effects will depend on subsequent corporate and trading arrangements disclosed in future company communications.
FAQ
What action did Zynex Inc. (ZYXI) take in this Form 25 filing?
Which Zynex Inc. security is affected by this Form 25?
Which exchange is Zynex Inc. leaving according to this document?
Is the Zynex Inc. delisting described as voluntary in the content?
Who signed the Zynex Inc. Form 25 on behalf of Nasdaq?
Under which regulations is Zynex’s Nasdaq removal being carried out?
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