Stratus Properties voluntarily delists from Nasdaq in connection with liquidation plan
Stratus Properties Inc. announced on July 1, 2026, that its Board unanimously approved the voluntary delisting of its common stock from Nasdaq and subsequent deregistration with the SEC, effective in connection with the company's previously approved plan of complete liquidation and dissolution. The company expects to file a Form 25 on or about July 31, 2026, with delisting effective on or about August 10, 2026, and intends to file a Form 15 thereafter to suspend SEC reporting obligations. The Board also declared an initial liquidating distribution of $5.00 per share, payable July 20, 2026, to stockholders of record as of July 13, 2026.
Key facts
- Initial liquidating distribution of $5.00 per share, payable July 20, 2026 to stockholders of record as of July 13, 2026
- Form 25 filing expected on or about July 31, 2026; delisting effective on or about August 10, 2026
- Plan of Liquidation previously approved by Board and stockholders on June 1, 2026
- Form 15 to be filed following delisting effectiveness to deregister common stock under Section 12(g) of the Exchange Act
- Trading suspension of common stock on Nasdaq requested effective before market opens on August 10, 2026
- No arrangement for listing on another national securities exchange; common stock may trade over-the-counter
- Company to reduce public company costs and focus resources on managing remaining assets in liquidation
Why it matters
Stratus is executing a planned exit from public markets in accordance with stockholder-approved liquidation, with the delisting eliminating SEC reporting burdens and public-company costs while the company liquidates its real estate portfolio and makes cash distributions to shareholders.
Share
Derived from 8-K filed 2026-07-01. Not investment advice. View the source filing on SEC.gov →