Nasdaq Files to Delist Myseum.AI Warrants From Exchange

What happened

On August 14, 2026, the Nasdaq Stock Market filed a Form 25 with the U.S. Securities and Exchange Commission to delist the warrants of Myseum.AI, Inc. (ticker: MYSE). The filing indicates the exchange is removing this class of securities from listing and registration under Section 12(b) of the Securities Exchange Act of 1934.

Myseum.AI, Inc. is a company headquartered in New Brunswick, New Jersey, that provides telegraph and other message communications services. Its shares closed at $2.70 on the same day, down 4.59% from the previous close of $2.83.

The Form 25 does not specify why the exchange is delisting the warrants. It states that Nasdaq has complied with its rules to strike the class of securities from listing, but it does not explain the underlying reason.

The filing

The filing is a Form 25, officially titled 'Notification of Removal from Listing and/or Registration.' This form is used by an exchange or issuer to notify the SEC that a security is being removed from an exchange listing and federal registration.

In this case, Nasdaq filed the form, designating the class of securities as 'warrants.' The form includes a checkbox for rule 17 CFR 240.12d2-2(a)(1), but the filing text does not indicate which specific subsection was selected.

The form was signed by Tara Petta, an AVP at Nasdaq, certifying that the exchange believes it meets all requirements for filing.

What this means

Warrants are financial instruments that give the holder the right to buy a company's common stock at a set price for a specified period. They are often issued alongside stock offerings and can trade separately on exchanges.

A Form 25 is the procedural step to remove a security from an exchange. When an exchange files it, the security stops trading on that exchange, and the company loses its registration under Section 12(b), which relieves it of certain reporting obligations tied to that listing.

This filing affects only the warrants, not necessarily the common stock. The stock continues to trade, as indicated by the price data. The Form 25 does not state whether the delisting is voluntary or involuntary, or why it is happening.

Typically, after a Form 25 is filed, the delisting becomes effective after a waiting period, and the warrants may continue to trade over-the-counter if a market exists. But the filing alone does not confirm what will happen next for these warrants.