0000876661-24-000299.txt : 20240429
0000876661-24-000299.hdr.sgml : 20240429
20240429142243
ACCESSION NUMBER: 0000876661-24-000299
CONFORMED SUBMISSION TYPE: 25-NSE
PUBLIC DOCUMENT COUNT: 2
FILED AS OF DATE: 20240429
DATE AS OF CHANGE: 20240429
EFFECTIVENESS DATE: 20240429
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: Leju Holdings Ltd
CENTRAL INDEX KEY: 0001596856
STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500]
ORGANIZATION NAME: 05 Real Estate & Construction
IRS NUMBER: 000000000
STATE OF INCORPORATION: E9
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: 25-NSE
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-36396
FILM NUMBER: 24889536
BUSINESS ADDRESS:
STREET 1: 15/F FLOOR, SHOUDONG INTERNATIONAL PLAZA
STREET 2: NO. 5 BUILDING, GUNGQU HOME
CITY: DONGCHENG DISTRICT, BEIJING
STATE: F4
ZIP: 100022
BUSINESS PHONE: 8610 58951000
MAIL ADDRESS:
STREET 1: 15/F FLOOR, SHOUDONG INTERNATIONAL PLAZA
STREET 2: NO. 5 BUILDING, GUNGQU HOME
CITY: DONGCHENG DISTRICT, BEIJING
STATE: F4
ZIP: 100022
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: NEW YORK STOCK EXCHANGE LLC
CENTRAL INDEX KEY: 0000876661
ORGANIZATION NAME:
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
0001596856
Leju Holdings Ltd
001-36396
Shoudong International Plaza
Beijing
100022
American Depositary Shares, each representing ten (10) Ordinary Shares
17 CFR 240.12d2-2(b)
Nicolas Connolly
Analyst, Regulation
2024-04-29
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 ten ordinary shares, par value $0.001 per share ("ADSs") of Leju Holdings Limited (the "Company") from listing and registration on the Exchange on May 10, 2024, pursuant to the provisions of Rule 12d2-2(b) because, in the opinion of the Exchange, the ADSs is no longer suitable for continued listing and trading on the NYSE.
The Exchange reached its decision to delist the Company's ADSs pursuant to Section 802.01B of the NYSE Listed Company Manual since the Company has a total market capitalization of less than $50 million over a 30 trading-day period and a stockholders' equity of less than $50 million. NYSE Regulation reached its decision to delist the Company's ADSs pursuant to Section 802.03 of the NYSE Listed Company Manual, because the Company submitted a business plan that did not demonstrate an ability to return to compliance with continued listing standards within 18 months of notice from the Exchange as required by Section 802.03 of the NYSE Listed Company Manual.
On April 11, 2024, the Exchange determined that the ADSs 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 ADSs from listing and registration on the NYSE. The Company was notified by letter on April 11, 2024.
Pursuant to the above authorization, a press release regarding the proposed delisting was issued and posted on the Exchange's website on April 11, 2024. Trading in the ADSs was suspended at the close of the market on April 11, 2024.
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 ADSs, 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.