[15-12G] Dada Nexus Limited American SEC Filing

Rhea-AI Filing Summary

Dada Nexus Limited has filed Form 15-12G to voluntarily terminate the registration of its securities and suspend its reporting obligations under the Securities Exchange Act of 1934. The filing affects the company's Ordinary Shares and American Depositary Shares (ADSs), with each ADS representing four Ordinary Shares.

Key details of the deregistration:

• Filing date: June 28, 2025
• Commission File Number: 001-39305
• Number of holders of record: One
• Company relies on Rules 12g-4(a)(1) and 12h-3(b)(1)(i) for termination

The certification was signed by Henry Jun Mao, Chief Financial Officer, on June 26, 2025. This action typically indicates the company's intention to terminate its U.S. securities registration and end its SEC reporting requirements, which could affect the trading of its securities in U.S. markets.

Positive

• None.

Negative

• Company is terminating its SEC registration and deregistering its securities from the U.S. stock exchange, indicating a delisting from U.S. markets
• Reduction to only one holder of record suggests a going-private transaction or complete consolidation of shares, limiting public investment opportunities
• Loss of transparency and SEC reporting requirements will reduce available information for international investors

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 15

 

CERTIFICATION AND NOTICE OF TERMINATION OF REGISTRATION
UNDER SECTION 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934
OR SUSPENSION OF DUTY TO FILE REPORTS UNDER SECTIONS 13 AND 15(d) 
OF THE SECURITIES EXCHANGE ACT OF 1934

 

Commission File Number: 001-39305

 

Dada Nexus Limited

(Exact name of registrant as specified in its charter)

 

22/F, Oriental Fisherman’s Wharf
No. 1088 Yangshupu Road
Yangpu District, Shanghai 200082
People’s Republic of China
Telephone: +86 21 3165-7167

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

 

Ordinary Shares, par value US$0.0001 per share
American Depositary Shares, each representing four Ordinary Share

(Title of each class of securities covered by this Form)

 

None

(Titles of all other classes of securities for which a duty to file reports under section 13(a) or 15(d) remains)

 

Please place an X in the box(es) to designate the appropriate rule provision(s) relied upon to terminate or suspend the duty to file reports:

 

 	Rule 12g-4(a)(1)	x
 	Rule 12g-4(a)(2)	¨
 	Rule 12h-3(b)(1)(i)	x
 	Rule 12h-3(b)(1)(ii)	¨
 	Rule 15d-6	¨
 	Rule 15d-22(b)	¨

 

Approximate number of holders of record as of the certification or notice date:  one      

 

Pursuant to the requirements of the Securities Exchange Act of 1934, Dada Nexus Limited has caused this certification/notice to be signed on its behalf by the undersigned duly authorized person.

 

 	Dada Nexus Limited
Date: June 26, 2025	 
 	By:	/s/ Henry Jun Mao
 	Name:	Henry Jun Mao
 	Title:	Chief Financial Officer

 

 

 

 

 

FAQ

Why did DADA file Form 15-12G in June 2025?

DADA filed Form 15-12G to terminate its registration under Section 12(g) of the Securities Exchange Act of 1934 and suspend its duty to file reports. This indicates the company is deregistering its securities and will no longer be required to file regular reports with the SEC.

What securities are affected by DADA's Form 15 filing?

The securities affected are DADA's Ordinary Shares with par value US$0.0001 per share and American Depositary Shares (ADS), with each ADS representing four Ordinary Shares.

How many holders of record does DADA have as of the Form 15 filing?

According to the Form 15 filing, DADA has only one holder of record as of the certification date.

Who signed DADA's Form 15 deregistration filing?

The Form 15 was signed by Henry Jun Mao, Chief Financial Officer of Dada Nexus Limited, on June 26, 2025.

What is DADA's principal office location according to the Form 15?

DADA's principal executive offices are located at 22/F, Oriental Fisherman's Wharf No. 1088 Yangshupu Road, Yangpu District, Shanghai 200082, People's Republic of China, with telephone number +86 21 3165-7167.