Associated Capital Group, Inc. has formally announced its intention to voluntarily delist its Class A common stock from the NYSE and to deregister under Section 12(b) of the Securities Exchange Act of 1934.
Following the delisting, AC plans to provide liquidity to its Class A stock shareholders by listing on the OTCQX platform.
The last day of trading in AC's common stock on the NYSE will be on or about September 4, 2025, when the Form 25 takes effect.
Delisting and Deregistration
AC is voluntarily delisting its common stock from the NYSE and deregistering under the Exchange Act.
Liquidity Provision
The company plans to provide liquidity to Class A stock shareholders by listing on the OTCQX platform.
Timeline
The formal delisting from the NYSE is expected to occur on or about September 4, 2025.
- The decision to delist and deregister signifies a strategic shift in AC's trading platform and regulatory compliance.
- Shareholders should expect changes in the trading environment post-delisting from the NYSE.
Associated Capital Group's move to voluntary delist and deregister demonstrates a significant shift in its market presence and regulatory commitments. The company aims to enhance liquidity provisions for shareholders through strategic platform movements.