Avinger Stock to be Delisted from Nasdaq Exchange|AVGR Files Form 25-NSE for Nasdaq Stock Removal|Avinger Inc Announces Exchange Delisting via SEC Form 25
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Avinger's common stock is being delisted from the Nasdaq Stock Market through a Form 25 filing on June 23, 2025. The delisting action is being executed by Nasdaq's Hearings Advisor Aravind Menon, indicating this may be the result of a hearing process. The filing complies with SEC Rule 240.12d2-2(b), confirming that Nasdaq has followed its internal rules for delisting. Avinger, headquartered in Redwood City, California, trades under Commission File Number 001-36817. This regulatory action represents a significant development for shareholders as it means the company's stock will no longer be traded on the Nasdaq exchange, potentially impacting liquidity and trading accessibility.
Positive
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Negative
- Avinger Inc. (AVGR) is being delisted from the Nasdaq Stock Market LLC
- The delisting indicates potential non-compliance with Nasdaq listing requirements, which could include issues like minimum bid price, market value, or financial viability standards
FAQ
Why is AVGR being delisted from Nasdaq in June 2023?
Avinger Inc (AVGR) is being removed from listing on the Nasdaq Stock Market LLC through a Form 25 filing dated June 23, 2025, in compliance with Exchange rules and SEC requirements under 17 CFR 240.12d2-2.
What happens to AVGR stock after the Nasdaq delisting?
The Form 25 filing initiates the process to remove AVGR's common stock from listing and registration on the Nasdaq Stock Market. This typically means the stock may be traded over-the-counter (OTC) after delisting if it meets applicable requirements.
When will AVGR's delisting from Nasdaq take effect?
The Form 25 for AVGR's delisting was filed on June 23, 2025, with the delisting process typically becoming effective 10 days after filing, subject to SEC requirements and compliance with exchange rules.
Where is AVGR's headquarters located according to the Form 25?
Avinger Inc is headquartered at 400 Chesapeake Drive, Redwood City, California 94063, with a telephone number of (650) 241-7900.