EXACT SCIENCES CORP has filed a Form 25-NSE to delist its Common Stock from the Nasdaq Stock Market LLC. The filing cites Rule 17 CFR 240.12d2-2(a)(3), which often relates to securities being replaced or part of a transaction. However, the specific reason for removal is not clearly stated in the filing. Investors should monitor for further information regarding the implications for trading and liquidity
Score60
Score Rationale
volatile
The company is removing its common stock from the exchange under a rule that suggests a transaction or substitution, but the specific reason is unclear, warranting investor attention.
Bearish
Common stock is being removed from the exchange.
Key Evidence
Form 25-NSE filed by EXACT SCIENCES CORP.
Removal of Common Stock from Nasdaq Stock Market LLC.
Cited rule: 17 CFR 240.12d2-2(a)(3).
What To Watch Next
Clarification on the reason for delisting.
Information on continued trading venue, if any.
Impact on stock liquidity and investor access.
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Original Filing Text
SEC filing text preserved from the raw item store.
UNITED STATES
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3235-0080
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March 31, 2018
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 25
NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION
UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934.
(Exact name of Issuer as specified in its charter, and name of Exchange where security is listed and/or registered)
Address:
5505 Endeavor Lane
Madison,
WISCONSIN
53719
Telephone number:
+1 608 284-5700
(Address, including zip code, and telephone number, including area code, of Issuer's
principal executive offices)
Common Stock
(Description of class of securities)
Please place an X in the box to designate the rule provision relied upon to strike
the class of securities from listing and registration:
17 CFR 240.12d2-2(a)(1)
17 CFR 240.12d2-2(a)(2)
17 CFR 240.12d2-2(a)(3)
17 CFR 240.12d2-2(a)(4)
Pursuant to 17 CFR 240.12d2-2(b), the Exchange has complied with its rules to strike the class of securities from listing and/or withdraw registration on the Exchange.
1
Pursuant to 17 CFR 240.12d2-2(c), the Issuer has complied with its rules of the Exchange and the requirements of 17 CFR 240.12d-2(c) governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.
Pursuant to the requirements fo the Securities Exchange Act of 1934,
Nasdaq Stock Market LLC
certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing the Form 25 and has caused this notification to be
signed on its behalf by the undersigned duly authorized person.
Form 25 and attached Notice will be considered compliance with the provisions of
17 CFR 240.19d-1 as applicable. See General Instructions.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.