Eagle Point Income Co is set to have its 5.00% Series A Term Preferred Shares delisted from the New York Stock Exchange (NYSE) effective November 10, 2026. This decision comes after the company called for the redemption of these shares on October 30, 2026. The delisting is a notable event for the company and could have broader implications for the preferred securities market.

The company, Eagle Point Income Co, trades under the ticker symbols EIC and EICA on the NYSE. It is incorporated in Delaware and has its business address at 600 Steamboat Rd, Suite 202, Greenwich, Connecticut. The company focuses on investments in income-generating securities.

According to the recent filing, the NYSE has notified the Securities and Exchange Commission (SEC) of its intention to remove the class of preferred shares from listing and registration. The filing states, "The entire class of this security was called for redemption, maturity or retirement on October 30, 2026; appropriate notice thereof was given; funds sufficient for the payment of all such securities were deposited with an agency authorized to make such payment; and such funds were made available to security holders on October 30, 2026." This indicates that the company has taken the necessary steps to ensure that investors are compensated for their shares.

This delisting may affect investors who hold the preferred shares, as they will no longer be able to trade them on the NYSE. The preferred stock market could also see shifts as a result of this action, as investors reassess their positions in similar securities. The filing does not specify what will happen next regarding Eagle Point Income Co's future plans or any potential new securities offerings.