Blue Capital files Form 15 to voluntarily deregister from New York Stock Exchange
Bermuda-based Blue Capital Reinsurance Holdings, a provider of collateralised reinsurance in the property-catastrophe market, has voluntarily deregistered its common stock from the New York Stock Exchange (NYSE) and suspended its reporting obligations.
The company filed a Form 15 with the US Securities and Exchange Commission (SEC) and its last trading day on the NYSE was March 30.
Blue Capital will no longer be required to file certain reports under the Exchange Act, including quarterly reports on Form 10-Q, annual reports on Form 10-K, and current reports on Form 8-K.
The company will also withdraw its listing with the Bermuda Stock Exchange prior to July 31, 2020.
Earlier this month, the company filed a Form 25 (Notification of Removal from Listing and/or Registration under Section 12(b) of the Securities Exchange Act of 1934) with the SEC in order to voluntarily delist its common shares from the NYSE.
Following delisting and deregistration, the company believes that its common shares will continue to be quoted on the OTC Pink Open Market, a centralized electronic quotation service operated by the OTC Markets for over-the-counter securities. However, the company can give no assurance that trading in its common shares will continue in the future on the OTC Pink, on any securities exchange, or in any other quotation medium.
