NYSE American Files Form 25 to Delist Amaze Holdings Common Stock

What happened

NYSE American LLC filed a Form 25 with the Securities and Exchange Commission on October 1, 2026, notifying the regulator that it is removing Amaze Holdings, Inc.'s common stock from listing on the exchange and withdrawing its registration under Section 12(b) of the Securities Exchange Act of 1934, according to the filing.

The filing identifies the security as "Common Stock" and the issuer as Amaze Holdings, Inc., a Newport Beach, California company whose business is classified in SEC records as retail-catalog and mail-order houses.

The same day, the stock closed at $0.025, down 66.67% from the previous close of $0.075, according to the price data.

The filing

The Form 25 was signed by Anthony Sozzi, listed as an Analyst in Market Watch at NYSE American, on behalf of the exchange. The filing states that the exchange "has reasonable grounds to believe that it meets all of the requirements for filing the Form 25."

The form's checkboxes for the specific rule provisions relied upon — 17 CFR 240.12d2-2(a)(1) through (a)(4) — are blank in the text provided, so the filing does not disclose which particular ground the exchange used to strike the shares.

Nor does the filing explain why the delisting is taking place. It states only that the exchange has complied with its own rules for striking the class from listing and registration. No reason is given in the document provided.

What this means

A Form 25 is the formal notification that removes a security from an exchange listing and, under Section 12(b) of the Securities Exchange Act, ends the registration that came with that listing. Either the company or the exchange can file one. Here the exchange filed it, which makes this an involuntary removal rather than a voluntary withdrawal.

This matters for a practical reason. Section 12(b) registration — and with it the obligation to file annual 10-K reports, quarterly 10-Q reports and current 8-K reports — attaches to a security because it is listed on a national exchange. When the listing goes, that particular registration obligation goes with it, unless the company separately registers the shares under Section 12(g), which is triggered by having enough shareholders of record.

A stock trading at $0.025 is, in market parlance, a penny stock. The 66.67% single-day drop from $0.075 to $0.025 is a three-cent move; on very low-priced shares, small absolute price changes produce very large percentage changes, which is why percentage moves on sub-dollar stocks can look extreme.

The form distinguishes between debt and equity in a way that matters for how the news should be read. A Form 25 filed for corporate bonds or notes that have reached or are approaching maturity is routine housekeeping — a bond being repaid on schedule. A Form 25 for common stock is the opposite: it is the exchange's removal of the shares themselves, which is what has been filed here.

What happens next is set by the exchange's own rules and the SEC's delisting rules, and the filing does not state a specific timetable. Once a security is no longer listed, it may still trade over the counter — through broker-dealer quotation systems — but it is no longer an exchange-listed stock, and the registration and reporting framework that came with the listing no longer applies to it under Section 12(b). Any investor questions about where, or whether, the shares will continue to trade should be directed to the company or their broker, not inferred from this filing.