Nasdaq Finalizes Delisting of Maxeon Solar — Form 25 Filing Imminent
Summary
Nasdaq announced its final decision to delist Maxeon Solar's ordinary shares on September 17, 2026. A Form 25 will be filed with the SEC, and the delisting becomes effective ten days later.
Key Events · Legal and Risk Events · MAXN
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Nasdaq Finalizes Delisting Decision
On September 17, 2026, Nasdaq announced its decision to delist Maxeon Solar's ordinary shares from The Nasdaq Global Market.
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Form 25 Filing to Complete Delisting
Nasdaq will file a Form 25 Notification of Delisting with the SEC, with the delisting becoming effective ten days after the filing.
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Trading Already Suspended Since May 2026
The company's securities were suspended at the open of business on May 1, 2026 and moved to the over-the-counter market, as disclosed in the June 2, 2026 Form 6-K.
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Company Under Judicial Management
Maxeon Solar is operating under judicial management, with Tan Wei Cheong serving as Joint and Several Judicial Manager.
Analysis · MAXN · Manufacturing
Nasdaq has formally decided to delist Maxeon Solar's ordinary shares, with a Form 25 to be filed with the SEC. The delisting becomes effective ten days after that filing. This is the final step in a process that began with the April 2026 delisting determination and the May 2026 trading suspension. The company is already under judicial management and has lost its CFO, CHRO, and interim CLO in recent months. Moving to the over-the-counter market typically reduces liquidity and institutional access, compounding the company's distress.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 36.1% of the 1051 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, MAXN was trading at $0.79 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $12.8M. This filing was assessed with negative market sentiment and an importance score of 8 out of 10.