NYSE delists First Foundation Inc. (FFWM) — Exchange files Form 25
Filing Impact
Filing Sentiment
Form Type
25-NSE
Rhea-AI Filing Summary
New York Stock Exchange LLCFirst Foundation Inc.
The notice states the Exchange and the Issuer have complied with the procedures in 17 CFR 240.12d2-2 governing voluntary withdrawal and delisting; timing and reasons are not provided in the excerpt.
Positive
- None.
Negative
- None.
Key Terms
Form 25, 17 CFR 240.12d2-2, voluntary withdrawal
3 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.
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.
voluntary withdrawal regulatory
"the Issuer has complied with its rules of the Exchange and the requirements ... governing the voluntary withdrawal"
FAQ
What does First Foundation Inc. (FFWM) Form 25 filing mean?
It means the NYSE has filed to remove First Foundation Inc. common stock from listing. The filing certifies compliance with 17 CFR 240.12d2-2 and states both the Exchange and Issuer followed voluntary withdrawal procedures.
Who submitted the Form 25 for FFWM and what authority signed it?
The Form 25 was submitted by New York Stock Exchange LLC, signed on its behalf by a Manager in Market Watch, identified as Victoria Paper in the excerpt.
Does the Form 25 excerpt explain why FFWM was removed from the NYSE?
No. The provided excerpt only states procedural compliance with 17 CFR 240.12d2-2 for voluntary withdrawal; it does not disclose reasons or supporting factual detail.
What regulatory rule governs the withdrawal referenced in FFWM's Form 25?
The withdrawal is governed by 17 CFR 240.12d2-2. The excerpt cites subsections (a)(1)-(4) and (b)/(c) as the procedural bases for removal and voluntary withdrawal.