Apollo Tactical Income Fund Inc. Files 25-NSE Form with SEC
In a recent SEC filing, Apollo Tactical Income Fund Inc. (CIK: 0001526697) submitted a Form 25-NSE, indicating the voluntary delisting of its securities from the New York Stock Exchange (NYSE). This move signifies a strategic shift in the company’s trading platform, potentially impacting its liquidity and visibility among investors. The decision to delist could be driven by various factors, such as cost savings, reduced regulatory requirements, or a desire to trade on a different exchange.
Apollo Tactical Income Fund Inc. is a closed-end management investment company that focuses on income-generating securities. With a portfolio that includes a mix of corporate debt, loans, and structured credit instruments, the company aims to provide investors with attractive risk-adjusted returns. For more information about Apollo Tactical Income Fund Inc., visit their website at https://www.apollo.com.
Form 25-NSE is used by companies to voluntarily withdraw their securities from listing and registration on a national securities exchange. This filing is typically submitted when a company decides to move its trading activity to another exchange or when it no longer meets the listing requirements of the current exchange. Investors and stakeholders should closely monitor the implications of this delisting on Apollo Tactical Income Fund Inc.’s market performance and trading dynamics.
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Apollo Tactical Income Fund Inc. Files 25-NSE Form with SEC