Associated Capital Group, Inc. has announced its intention to voluntarily delist its Class A common stock from the NYSE and deregister under Section 12(b) of the Securities Exchange Act of 1934.
After delisting from the NYSE, AC plans to list its Class A stock on the OTCQX platform and file a Form 25 with the SEC on or about August 25, 2025.
The Board of Directors believes that delisting and deregistering the common stock is in the best interest of the Company and its stockholders.
Delisting and Deregistration
AC plans to provide liquidity to its Class A stock shareholders through listing on the OTCQX platform after delisting from the NYSE.
Board's Decision
The Board of Directors decided to delist and deregister based on significant cost savings and redirecting resources to wider business opportunities.
- The decision to delist and deregister will result in cost savings from no longer preparing and filing periodic reports with the SEC.
- Redirecting financial and management resources to a wider range of business opportunities is a strategic move by the Company.
The delisting and deregistration decision reflects AC's commitment to streamlining operations and focusing on maximizing value for its stockholders.