Cadeler A/S is preparing for a significant transition as it will be delisted from the New York Stock Exchange (NYSE) on November 16, 2026. This decision comes as part of a broader restructuring within the company and the industry.

Cadeler A/S, categorized under the SIC code 4412, specializes in deep sea foreign transportation of freight. The company trades under the ticker CDLR on the NYSE and is classified as a large accelerated filer.

The recent filing indicates that the NYSE has notified the Securities and Exchange Commission (SEC) of its intention to remove Cadeler's American Depositary Shares (ADS) from listing and registration. The filing states, "This Form 25 is being filed solely in connection with the discontinuation of trading on NYSE of Cadeler A/S (CUSIP: 12738K109, CDLR old) and does not affect the continued listing on NYSE of Cadeler plc (CUSIP: G17445100, CDLR new)." The delisting is effective as of the opening of business on November 16, 2026.

The impact of this delisting could affect various stakeholders, including investors and employees, as the company transitions to a new listing structure. The filing also notes that the securities were suspended from trading on November 5, 2026.

As for what’s next, the filing does not specify any further actions or upcoming filings related to this transition.