Direct Digital Holdings, Inc. (DRCT) Form 8-K — Oct 21, 2026
Direct Digital Holdings (DRCT) announced it will voluntarily delist its Class A common stock from Nasdaq and deregister with the SEC. The company received a delist determination on October 1, 2026 for failing to comply with Nasdaq Listing Rule 5550(b)(1), and trading has been suspended since October 5, 2026. The company will file a Form 25 on or about November 2, 2026, making delisting effective on or about November 12, 2026, with registration under Section 12(b) terminating around January 31, 2027. It then plans to file a Form 15 to suspend its SEC reporting obligations.
Key figures
- Form 25 filing date
- 2026-11-02
- Nasdaq suspension date
- 2026-10-05
- Delisting effective date
- 2026-11-12
- Registration termination date
- 2027-01-31
- Form 15 deregistration effective
- approximately 90 days after Form 15 filing
AI analysis
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