Transphorm, Inc. recently filed a Form 25-NSE with the Securities and Exchange Commission (SEC), signaling the voluntary delisting of its securities from the New York Stock Exchange. This move indicates that the company’s shares will no longer be traded on the NYSE, but will instead be transitioned to another platform or exchange. The decision to delist may have various implications for Transphorm, such as reducing regulatory burdens or cutting costs associated with being listed on a major exchange.
Transphorm, Inc. is a company that focuses on developing and manufacturing gallium nitride (GaN) power conversion products. GaN technology is known for its efficiency and reliability in power conversion applications, making it a key player in the semiconductor industry. The company’s products are used in various sectors, including telecommunications, computing, and automotive industries. For more information about Transphorm, Inc., you can visit their website here.
Form 25-NSE is a notification of removal from listing and/or registration under Section 12(b) of the Securities Exchange Act. Companies typically file this form when they no longer wish to have their securities listed on a particular exchange voluntarily. It is important for investors and stakeholders to be aware of such filings as they can impact the liquidity and transparency of a company’s stock.
Leave a Reply