Brookfield Business Holdings (BBUC) notifies NYSE of Class A delisting
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
Brookfield Business Holdings Corp notified the New York Stock Exchange of removal of its Class A Exchangeable Subordinate Voting Shares from listing and registration under Section 12(b) of the Exchange Act. The Form 25 filing (Commission File No. 001-41313) is certified by the Exchange and signed by a NYSE Market Watch manager.
Positive
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Negative
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Key Figures
Commission File Number: 001-41313
Form expiration date: March 31, 2018
Security class: Class A Exchangeable Subordinate Voting Shares
3 metrics
Commission File Number
001-41313
Form 25 cover line
Form expiration date
March 31, 2018
Expires date in header
Security class
Class A Exchangeable Subordinate Voting Shares
Described as the class of securities being removed
Key Terms
Form 25, Section 12(b), 17 CFR 240.12d2-2, Exchange withdrawal
4 terms
Form 25 regulatory
"FORM 25 NOTIFICATION OF REMOVAL FROM LISTING AND/OR REGISTRATION"
A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.
Section 12(b) regulatory
"UNDER SECTION 12(b) OF THE SECURITIES EXCHANGE ACT OF 1934"
Section 12(b) of the U.S. Securities Exchange Act requires securities listed on a national stock exchange to be registered with the U.S. Securities and Exchange Commission (SEC) and to follow regular public reporting and disclosure rules. For investors, a 12(b) listing generally means more routine financial updates, regulatory oversight and easier buying and selling—like a storefront that must display its inventory and prices, making it simpler to inspect and trade the product.
17 CFR 240.12d2-2 regulatory
"Pursuant to 17 CFR 240.12d2-2(b) the Exchange has complied with its rules"
A U.S. Securities and Exchange Commission rule that describes the conditions and procedural steps for a security to be removed from public registration or reporting under the Securities Exchange Act of 1934. For investors, it matters because it explains when a company’s shares can stop being subject to regular disclosure and exchange listing rules — similar to knowing when a publicly tracked product will be discontinued and no longer send updates, which affects transparency and liquidity.
Exchange withdrawal market
"withdraw registration on the Exchange"
FAQ
What does Brookfield Business Holdings Corp (BBUC) Form 25 filing mean?
It notifies the NYSE that the company's Class A Exchangeable Subordinate Voting Shares will be removed from listing. The filing is a formal regulatory step under Section 12(b) of the Exchange Act certified by the exchange.
When does the Form 25 notification expire or take effect?
The document shows an expiration date of March 31, 2018. The Form 25 form contains that date as part of its header and procedural information.
Who certified the Form 25 removal for BBUC on the NYSE?
The New York Stock Exchange LLC certified the notification and it was signed on its behalf by Victoria Paper, identified as Manager, Market Watch, per the filing.
What class of Brookfield Business Holdings securities is affected?
The filing states the affected class as Class A Exchangeable Subordinate Voting Shares, listed for removal and withdrawal of registration under Section 12(b).
Does the Form 25 filing explain reasons or economic impact?
The excerpt only documents procedural compliance with 17 CFR 240.12d2-2 and the Exchange's certification; it does not state reasons, proceeds, or economic effects of the removal.