0000876661-22-000458.txt : 20220601
0000876661-22-000458.hdr.sgml : 20220601
20220601122056
ACCESSION NUMBER: 0000876661-22-000458
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20220601
DATE AS OF CHANGE: 20220601
EFFECTIVENESS DATE: 20220601
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Weidai Ltd.
CENTRAL INDEX KEY: 0001734902
STANDARD INDUSTRIAL CLASSIFICATION: FINANCE SERVICES [6199]
IRS NUMBER: 000000000
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-38734
FILM NUMBER: 22986624
BUSINESS ADDRESS:
STREET 1: HONGXIN SCIENCE AND TECHNOLOGY PARK,
STREET 2: NO.668, JIANSHE 3RD RD XIAOSHAN DISTRICT
CITY: HANGZHOU, ZHEJIANG PROVINCE
STATE: F4
ZIP: 310000
BUSINESS PHONE: 86 185-0164-1666
MAIL ADDRESS:
STREET 1: HONGXIN SCIENCE AND TECHNOLOGY PARK,
STREET 2: NO.668, JIANSHE 3RD RD XIAOSHAN DISTRICT
CITY: HANGZHOU, ZHEJIANG PROVINCE
STATE: F4
ZIP: 310000
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW YORK STOCK EXCHANGE LLC
CENTRAL INDEX KEY: 0000876661
IRS NUMBER: 000000000
STATE OF INCORPORATION: NY
FILING VALUES:
FORM TYPE: 25-NSE
BUSINESS ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
BUSINESS PHONE: 212-656-2060
MAIL ADDRESS:
STREET 1: 11 WALL STREET
CITY: NEW YORK
STATE: NY
ZIP: 10005
FORMER COMPANY:
FORMER CONFORMED NAME: NEW YORK STOCK EXCHANGE INC
DATE OF NAME CHANGE: 19910628
25-NSE
1
primary_doc.xml
X0203
0000876661
NEW YORK STOCK EXCHANGE LLC
0001734902
Weidai Ltd.
001-38734
HONGXIN SCIENCE AND TECHNOLOGY PARK
XIAOSHAN DISTRICT, HANGZHOU
American Depositary Shares, each representing five (5) Class A ordinary shares
17 CFR 240.12d2-2(b)
Christopher Rances
Senior Analyst, Market Watch and Proxy Compliance
2022-06-01
EX-99.25
2
ruleprovisionnotice.htm
NOTIFICATION OF THE REMOVAL FROM LISTING AND REGISTRATION OF THE STATED SECURITIES
The New York Stock Exchange ("NYSE" or the "Exchange") hereby notifies the Securities and Exchange Commission (the "Commission") of its intention to remove the entire class of American Depositary Shares, each representing five Class A Ordinary Shares (the "Securities") of Weidai Ltd. (the "Company") from listing and registration on the Exchange on June 13, 2022, pursuant to the provisions of Rule 12d2-2(b) because, in the opinion of the Exchange, the Securities is no longer suitable for continued listing and trading on the NYSE.
The Exchange reached its decision pursuant to Section 802.01B of the Listed Company Manual because the Company had fallen below the NYSE's continued listing standard requiring listed companies to maintain an average global market capitalization over a consecutive 30 trading day period of at least $15,000,000.
On May 16, 2022, the Exchange determined that the Securities of the Company should be suspended from trading and directed the preparation and filing with the Commission of this application for the removal of the Securities from listing and registration on the NYSE. The Company was notified on March 16, 2022.
Pursuant to the above authorization, a press release regarding the proposed delisting was issued and posted on the Exchange's website on May 16, 2022. Trading in the Securities was suspended at the close of the market on May 16, 2022.
The Company had a right to appeal to a Committee of the Board of Directors of the Exchange (the "Committee") the determination to delist the Securities, provided it filed a written request for such a review with the Secretary of the Exchange within ten business days of receiving notice of the delisting determination. The Company did not file such request within the specified period. Consequently, all conditions precedent under SEC Rule 12d2-2(b) to the filing of this application have been satisfied.