Direct Digital Holdings Announces Voluntary Delisting from Nasdaq
What happened
Direct Digital Holdings announced its intention to voluntarily delist its Class A common stock from Nasdaq and deregister the stock under Section 12(b) of the Securities Exchange Act of 1934, as amended. The company plans to file a Form 25 with the U.S. Securities and Exchange Commission on or about November 2, 2026. The delisting is expected to become effective on or about November 12, 2026.
From prnewswire.com
Why it matters
The delisting and subsequent termination of reporting obligations under Section 15(d) mean that Direct Digital Holdings will cease formal SEC reporting. This change in reporting status could reduce data availability for MarketBeat.
A company's securities were subject to delisting from Nasdaq after failing to regain compliance with listing requirements.
From prnewswire.com
Who's involved
- NasdaqThe stock exchange from which Direct Digital Holdings is delisting
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The entities involved
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Nasdaq
American fully electronic stock exchange
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