Nasdaq Files Form 25 to Delist NUSATRIP Common Stock

What happened

Nasdaq Stock Market LLC filed a Form 25 with the Securities and Exchange Commission on October 7, 2026, notifying the agency that it is removing NUSATRIP Inc's common stock from listing and registration on the exchange, according to the filing.

The form names NUSATRIP Inc as the issuer and describes the security as Common Stock. Nasdaq signed the notification on October 6, 2026, through Aravind Menon, identified in the filing as a Hearings Advisor.

NUSATRIP is based in Jakarta, Indonesia, according to the address listed in the filing. The filing itself does not state what the company does or why the delisting is taking place.

The other side of the listing

The filing records NUSATRIP's closing price at $9.00, unchanged from the prior close, with no percentage move reported.

None of the provided sources state a reason for the delisting, and none describe any pending or completed corporate transaction involving the company.

What this means

A Form 25 is the document used to remove a security from an exchange listing and from the registration requirements that come with being listed. Either the company or the exchange can file one. In this case the exchange — Nasdaq — filed it, and it covers common stock.

The form cites Rule 17 CFR 240.12d2-2. The specific paragraph box that would show which of the four grounds under the rule Nasdaq relied on is not indicated in the text provided.

The distinction between this filing and a routine one matters. A Form 25 can also be filed to pull debt securities, such as notes or bonds that have reached or are near maturity. That kind of filing is a bond being repaid on schedule, not a company leaving the exchange. This filing is for common stock, which is the opposite case: common stock carries ownership and voting rights, and its removal from an exchange is a significant event for shareholders.

The filing also refers to 17 CFR 240.12d2-2(b), under which the exchange states it has followed its own rules in striking the security, and to 17 CFR 240.12d-2(c), covering voluntary withdrawal by the issuer. The filing text does not make clear which of those applies here, and the provided sources do not settle the question.

The mechanics that follow a Form 25 are set by the rule and the exchange: once the form takes effect, the stock is no longer listed on Nasdaq and trades, if at all, outside the exchange's formal listing framework. The filing itself does not describe what NUSATRIP shareholders should expect next.

Because the sources provided do not give a reason for the delisting, this article does not offer one.