DelistingJul 6, 2026, 04:37 PM
AXIA Energia to Delist ADSs from NYSE, Maintain B3 Listing
AI Summary
AXIA Energia S.A. announced its intention to voluntarily delist all outstanding Common and Class C Preferred American Depositary Shares (ADSs) from the New York Stock Exchange. The company will also withdraw these securities from registration under Section 12(b) of the Securities Exchange Act of 1934. Following the delisting, AXIA Energia's shares will continue to be listed on B3, and ADSs are expected to trade on the over-the-counter market through a Level 1 sponsored ADR program.
Key Highlights
- AXIA Energia S.A. will voluntarily delist its Common ADSs and Class C Preferred ADSs from the NYSE.
- The company will withdraw registration of these securities under Section 12(b) of the Securities Exchange Act of 1934.
- AXIA Energia's shares will continue to be listed on B3, which remains its primary trading venue.
- Following delisting, ADSs are expected to trade on the over-the-counter market via a Level 1 sponsored ADR program.
- No action is required from current ADS holders at this time.
Price Impact
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