Traders should prepare for the conversion of CUK ADS into shares of the new Carnival Corporation Ltd. Monitor where the new shares will be listed (likely OTC or a foreign exchange) and any tax implications of the redomiciliation.
Price Chart
Executive Summary
Carnival plc (CUK) will be delisted from NYSE effective May 18, 2026 as part of a corporate simplification merging Carnival Corporation and Carnival plc into a single Bermuda-incorporated entity. Each CUK ADS will convert 1:1 into common shares of the new entity. Trading was suspended on May 7, 2026.
Key Facts
- NYSE filed Form 25-NSE to remove CUK ADS from listing effective May 18, 2026.
- Removal is due to corporate simplification combining Carnival Corporation and Carnival plc into Carnival Corporation Ltd. (Bermuda).
- Each CUK ADS will be exchanged for one common share of the new entity.
- CUK was suspended from trading on NYSE before market open on May 7, 2026.
Financial Impact
No financial figures provided; conversion is 1:1 with no cash component.
Risk Factors
- Potential loss of liquidity if new shares are not listed on a major exchange.
- Tax consequences for US holders due to redomiciliation to Bermuda.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 25-NSE Filing (Primary) | 0000876661-26-000397 |
| Document: 0000876661-26-000397-index.html | 0000876661-26-000397 |
| Document: 0000876661-26-000397.txt | 0000876661-26-000397 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
May 18, 2026 19w ago | 15-12G | — | awaiting T+5 | — | — |
May 7, 2026 21w ago | 25-NSE | $25.00 $25.00 | · 0.00% | ▼ −1.50% | — |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access