[25-NSE] Paramount Global SEC Filing
Paramount Global (PARAA) has filed a Form 25 with the SEC, notifying the agency that its Class A and Class B common stock will be removed from listing and registration on the Nasdaq Stock Market LLC under Section 12(b) of the Exchange Act. The filing, signed by Nasdaq on 7 Aug 2025, certifies that all exchange rules and SEC requirements for delisting have been met. No financial results, transaction details, or reasons for the delisting are disclosed in this notice.
Paramount Global (PARAA) ha presentato un Modulo 25 alla SEC, informando l'agenzia che le sue azioni ordinarie di Classe A e Classe B saranno rimosse dalla quotazione e dalla registrazione sul Nasdaq Stock Market LLC ai sensi della Sezione 12(b) dell'Exchange Act. La documentazione, firmata dal Nasdaq il 7 agosto 2025, certifica che tutte le regole di borsa e i requisiti della SEC per la cancellazione dalla quotazione sono stati rispettati. In questo avviso non vengono divulgati risultati finanziari, dettagli sulle transazioni o motivazioni per la cancellazione.
Paramount Global (PARAA) ha presentado un Formulario 25 ante la SEC, notificando a la agencia que sus acciones ordinarias Clase A y Clase B 蝉别谤谩苍 retiradas de la cotizaci贸n y registro en el Nasdaq Stock Market LLC conforme a la Secci贸n 12(b) del Exchange Act. La presentaci贸n, firmada por Nasdaq el 7 de agosto de 2025, certifica que se han cumplido todas las normas de la bolsa y los requisitos de la SEC para la exclusi贸n. En este aviso no se revelan resultados financieros, detalles de transacciones ni razones para la exclusi贸n.
Paramount Global (PARAA)電� SEC鞐� Form 25毳� 鞝滌稖頃橃棳 Class A 氚� Class B 氤错喌欤�臧赌 Nasdaq Stock Market LLC鞐愳劀 靸侅灔 氚� 霌彪鞚� 旆唽霅� 瓴冹瀯鞚� 韱奠頄堨姷雼堧嫟. 鞚措姅 Exchange Act鞚� Section 12(b)鞐� 霐半ジ 臁办箻鞛呺媹雼�. 2025雲� 8鞗� 7鞚� Nasdaq鞚� 靹滊獏頃� 鞚� 鞝滌稖 靹滊電� 靸侅灔 韽愳毳� 鞙勴暅 氇摖 瓯半灅靻� 攴滌箼 氚� SEC 鞖旉贝鞚� 於╈”霅橃棃鞚岇潉 鞚胳頃╇媹雼�. 鞚� 瓿奠鞐愳劀電� 鞛 瓴瓣臣, 瓯半灅 靹鸽秬 靷暛 霕愲姅 靸侅灔 韽愳 靷湢電� 瓿店皽霅橃 鞎婌晿鞀惦媹雼�.
Paramount Global (PARAA) a d茅pos茅 un formulaire 25 aupr猫s de la SEC, informant l'agence que ses actions ordinaires de Classe A et Classe B seront retir茅es de la cotation et de l'enregistrement sur le Nasdaq Stock Market LLC conform茅ment 脿 la Section 12(b) de l'Exchange Act. Le d茅p么t, sign茅 par le Nasdaq le 7 ao没t 2025, certifie que toutes les r猫gles de la bourse et les exigences de la SEC pour le retrait de la cotation ont 茅t茅 respect茅es. Aucun r茅sultat financier, d茅tail de transaction ou raison du retrait n'est divulgu茅 dans cet avis.
Paramount Global (PARAA) hat bei der SEC ein Formular 25 eingereicht und die Beh枚rde dar眉ber informiert, dass seine Class A und Class B Stammaktien von der Notierung und Registrierung an der Nasdaq Stock Market LLC entfernt werden gem盲脽 Abschnitt 12(b) des Exchange Act. Die Einreichung, unterzeichnet von der Nasdaq am 7. August 2025, best盲tigt, dass alle B枚rsenregeln und SEC-Anforderungen f眉r die Delistung erf眉llt wurden. In dieser Mitteilung werden keine Finanzergebnisse, Transaktionsdetails oder Gr眉nde f眉r die Delistung offengelegt.
- None.
- Class A and Class B shares to be delisted from Nasdaq, potentially reducing liquidity and institutional ownership
- No explanation provided for the removal, increasing uncertainty and governance risk
Insights
TL;DR: Nasdaq filed Form 25 to delist Paramount鈥檚 Class A & B shares鈥攏egative for liquidity and index inclusion.
The Form 25 confirms that both share classes will cease trading on Nasdaq after the required waiting period. Delisting typically reduces trading liquidity, may trigger forced selling by index and mandate-bound funds, and could increase the company鈥檚 cost of capital. The absence of an accompanying exchange transfer or privatization detail leaves uncertainty about future trading venues. Overall, the action is materially negative for minority shareholders.
TL;DR: Voluntary delisting signals governance shift; lack of disclosure raises transparency concerns.
Nasdaq鈥檚 certification indicates either an issuer-initiated withdrawal or compliance action, but the filing offers no rationale. Voluntary removals often precede moves to another exchange or corporate restructuring, yet investors are not informed here. The opacity undermines governance best practices and could elevate regulatory and litigation risk if minority holders view the process as value-eroding.
Paramount Global (PARAA) ha presentato un Modulo 25 alla SEC, informando l'agenzia che le sue azioni ordinarie di Classe A e Classe B saranno rimosse dalla quotazione e dalla registrazione sul Nasdaq Stock Market LLC ai sensi della Sezione 12(b) dell'Exchange Act. La documentazione, firmata dal Nasdaq il 7 agosto 2025, certifica che tutte le regole di borsa e i requisiti della SEC per la cancellazione dalla quotazione sono stati rispettati. In questo avviso non vengono divulgati risultati finanziari, dettagli sulle transazioni o motivazioni per la cancellazione.
Paramount Global (PARAA) ha presentado un Formulario 25 ante la SEC, notificando a la agencia que sus acciones ordinarias Clase A y Clase B 蝉别谤谩苍 retiradas de la cotizaci贸n y registro en el Nasdaq Stock Market LLC conforme a la Secci贸n 12(b) del Exchange Act. La presentaci贸n, firmada por Nasdaq el 7 de agosto de 2025, certifica que se han cumplido todas las normas de la bolsa y los requisitos de la SEC para la exclusi贸n. En este aviso no se revelan resultados financieros, detalles de transacciones ni razones para la exclusi贸n.
Paramount Global (PARAA)電� SEC鞐� Form 25毳� 鞝滌稖頃橃棳 Class A 氚� Class B 氤错喌欤�臧赌 Nasdaq Stock Market LLC鞐愳劀 靸侅灔 氚� 霌彪鞚� 旆唽霅� 瓴冹瀯鞚� 韱奠頄堨姷雼堧嫟. 鞚措姅 Exchange Act鞚� Section 12(b)鞐� 霐半ジ 臁办箻鞛呺媹雼�. 2025雲� 8鞗� 7鞚� Nasdaq鞚� 靹滊獏頃� 鞚� 鞝滌稖 靹滊電� 靸侅灔 韽愳毳� 鞙勴暅 氇摖 瓯半灅靻� 攴滌箼 氚� SEC 鞖旉贝鞚� 於╈”霅橃棃鞚岇潉 鞚胳頃╇媹雼�. 鞚� 瓿奠鞐愳劀電� 鞛 瓴瓣臣, 瓯半灅 靹鸽秬 靷暛 霕愲姅 靸侅灔 韽愳 靷湢電� 瓿店皽霅橃 鞎婌晿鞀惦媹雼�.
Paramount Global (PARAA) a d茅pos茅 un formulaire 25 aupr猫s de la SEC, informant l'agence que ses actions ordinaires de Classe A et Classe B seront retir茅es de la cotation et de l'enregistrement sur le Nasdaq Stock Market LLC conform茅ment 脿 la Section 12(b) de l'Exchange Act. Le d茅p么t, sign茅 par le Nasdaq le 7 ao没t 2025, certifie que toutes les r猫gles de la bourse et les exigences de la SEC pour le retrait de la cotation ont 茅t茅 respect茅es. Aucun r茅sultat financier, d茅tail de transaction ou raison du retrait n'est divulgu茅 dans cet avis.
Paramount Global (PARAA) hat bei der SEC ein Formular 25 eingereicht und die Beh枚rde dar眉ber informiert, dass seine Class A und Class B Stammaktien von der Notierung und Registrierung an der Nasdaq Stock Market LLC entfernt werden gem盲脽 Abschnitt 12(b) des Exchange Act. Die Einreichung, unterzeichnet von der Nasdaq am 7. August 2025, best盲tigt, dass alle B枚rsenregeln und SEC-Anforderungen f眉r die Delistung erf眉llt wurden. In dieser Mitteilung werden keine Finanzergebnisse, Transaktionsdetails oder Gr眉nde f眉r die Delistung offengelegt.
FAQ
Why did Paramount Global (PARAA) file Form 25?
Which Paramount Global securities are affected by the delisting?
When was the Form 25 signed?
Does the filing explain the reason for delisting?
What happens next for Paramount Global shares?
