AC Corporate actions

Associated Capital Group, Inc. Announces Voluntary NYSE Delisting and SEC Deregistration

Published August 15, 2025 at 09:01 PM

GREENWICH, Conn., Aug. 15, 2025 (GLOBE NEWSWIRE) -- Associated Capital Group, Inc. (NYSE: AC) (“AC” or the “Company”) announced today that it has given formal notice to the New York Stock Exchange (“NYSE”) of its intention to voluntarily delist its Class A common stock (the “common stock”) from the NYSE and to deregister under Section 12(b) of the Securities Exchange Act of 1934 (the “Exchange Act”). Following the de-listing from the NYSE, we expect to provide liquidity to AC’s Class A stock shareholders by listing AC Class A on the OTCQX platform (the “OTCQX”). AC plans on filing a Form 25 with the U.S. Securities and Exchange Commission (the “SEC”) on or about August 25, 2025. The last day of trading in AC’s common stock on the NYSE will be on or about September 4, 2025, when the Form 25 takes effect. Ninety days thereafter, AC’s common stock deregistration is expected to become effective. When AC files Form 15 on or about September 4, 2025, its filing obligations under the Exchang

Related Questions

How will the transition to OTCQX affect liquidity and bid‑ask spreads for AC's Class A shares? What are the potential tax or regulatory implications for existing shareholders due to the deregistration? Will there be any changes to the rights or voting privileges of Class A shareholders after the move to OTCQX? How does the anticipated 90‑day deregistration period compare to similar corporate actions in the sector? Are there any anticipated changes in the company's reporting frequency or disclosure standards after deregistration? What is the timeline for the Form 25 and Form 15 filings, and how might filing delays affect market perception? How might this corporate action impact institutional ownership and the ability of large investors to hold AC shares? What is the market’s current sentiment toward OTC‑listed stocks, and how could that influence AC’s valuation post‑delisting? Will the company provide a mechanism for shareholders to convert or exchange their NYSE‑traded shares for OTC‑traded shares? What is the expected impact of the NYSE delisting on AC's share price and trading volume?