VirnetX (VHC) moves to remove NYSE listing for common stock

Rhea-AI Filing Summary

VirnetX Holding Corporation has filed a Form 25 to remove the listing and/or registration of its common stock, par value $0.0001 per share, from the New York Stock Exchange under Section 12(b) of the Securities Exchange Act of 1934. This action means the company’s common shares will no longer be listed on the NYSE once the process is completed under applicable SEC and exchange rules.

The notification is signed by Chief Executive Officer Kendall Larsen and dated September 22, 2025, formally initiating the delisting and deregistration process for the common stock.

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• None.

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• VirnetX Holding Corporation has filed to remove the listing and/or registration of its common stock from the New York Stock Exchange, signaling an exit from a major U.S. exchange that can reduce liquidity and visibility for shareholders.

Insights

Equity markets & listing standards analyst

VirnetX is initiating delisting of its common stock from the NYSE.

VirnetX Holding Corporation has submitted a Form 25 to remove the listing and/or registration of its common stock from the New York Stock Exchange under Section 12(b). This step formally starts the process for the shares to cease trading on the NYSE once regulatory timelines and procedures are completed.

Delisting from a major exchange typically reduces trading visibility and may limit access for some institutional investors that require exchange-listed securities. The filing does not state the reason for the delisting in the provided excerpt, so the underlying cause is not clear here.

The notification is signed by Chief Executive Officer Kendall Larsen and dated September 22, 2025, confirming board-level awareness of the action. Investors who follow the stock may look to subsequent company communications or future SEC reports for details on where the shares will trade afterward and any related corporate plans.

UNITED STATES

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.

Commission File Number 001-33852

VirnetX Holding Corporation, New York Stock Exchange

(Exact name of Issuer as specified in its charter, and name of Exchange

where security is listed and/or registered)

308 Dorla Court, Suite 206

Zephyr Cove, Nevada 89448

(775) 548-1785

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

Common stock, par value $0.0001 per share

(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 the rules of the Exchange and the requirements of 17 CFR 240.12d2-2(c), governing the voluntary withdrawal of the class of securities from listing and registration on the Exchange.

Pursuant to the requirements of the Securities Exchange Act of 1934, VirnetX Holding Corporation 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.

September 22, 2025	By:	/s/ Kendall Larsen		Chief Executive Officer
Date		Name		Title

¹ Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1 as applicable. See General Instructions.

FAQ

What did VirnetX Holding Corporation (VHC) file in this document?

VirnetX Holding Corporation filed a Form 25, which is a notification of removal from listing and/or registration of its common stock under Section 12(b) of the Securities Exchange Act of 1934.

Which securities of VirnetX (VHC) are affected by this Form 25?

The filing applies to VirnetX’s common stock, par value $0.0001 per share, which is currently listed on the New York Stock Exchange.

What does removal of listing under Section 12(b) mean for VirnetX (VHC)?

Removal of listing under Section 12(b) means VirnetX’s common stock will cease to be listed on the New York Stock Exchange after the Form 25 process and applicable regulatory timelines are completed.

Who signed VirnetX’s Form 25 delisting notification?

The Form 25 notification is signed by Kendall Larsen, who is identified as the Chief Executive Officer of VirnetX Holding Corporation, and is dated September 22, 2025.

Does this VirnetX (VHC) Form 25 specify why the stock is being delisted?

The provided excerpt states that VirnetX filed a notification of removal of listing and/or registration of its common stock from the NYSE, but it does not state the reason for the delisting in the quoted text.

How is this VirnetX (VHC) Form 25 related to SEC Rule 19d-1?

The document notes that the Form 25 and attached Notice will be considered compliance with the provisions of 17 CFR 240.19d-1, indicating it satisfies certain SEC procedural requirements for delisting.