Common stock will cease trading on Nasdaq as of the filing date. Holders should tender shares at the redemption price specified in the going-private or redemption agreement; if none is stated, contact the company's transfer agent for instructions. The delisting is not appealable — there is no public market going forward. Monitor for a subsequent Form 15 to confirm full deregistration under Section 12(g). Any remaining retail position is now illiquid; the only exit is the redemption or merger consideration.
Price Chart
Executive Summary
Nasdaq filed a Form 25-NSE to remove Mister Car Wash (MCW) common stock from listing and deregister it under Section 12(b) of the Securities Exchange Act, effective immediately. The delisting follows a Rule 12d2-2(a)(3) notification, indicating the securities were redeemed, matured, or retired — consistent with a going-private transaction or full redemption of the public float. This is a terminal event for the public equity: trading on Nasdaq ceases immediately and the company will no longer file periodic reports with the SEC.
Key Facts
- Form 25-NSE filed by Nasdaq on 2026-05-19, effective same day, to delist and deregister MCW common stock.
- Rule 12d2-2(a)(3) basis: securities were matured, redeemed, or retired — not an involuntary delisting for non-compliance.
- File number 001-40542; SIC 7500 (Services-Automotive Repair, Services & Parking).
- Company's last known address: 222 E. 5th Street, Tucson, AZ 85705.
- No financial figures (e.g., deal value, redemption price) disclosed in the 25-NSE filing.
Financial Impact
The filing does not disclose the redemption price or total consideration. Given MCW's $2.3B market cap pre-delisting, this is a multi-billion-dollar public-to-private or full-redemption event. Shareholders will receive the redemption price per the controlling agreement, which is not specified in this filing.
Risk Factors
- Holders who do not tender or miss the redemption deadline risk holding permanently illiquid securities with no public market.
- Redemption price may be disputed as inadequate, potentially triggering appraisal rights or litigation.
- No further SEC reporting obligations after deregistration — information asymmetry increases sharply for remaining holders.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 25-NSE Filing (Primary) | 0001354457-26-000478 |
| Document: 0001354457-26-000478-index-headers.html | 0001354457-26-000478 |
| Document: 0001354457-26-000478-index.html | 0001354457-26-000478 |
| Document: 0001354457-26-000478.txt | 0001354457-26-000478 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 11, 2026 16w ago | Institutional Cluster | $7.09 awaiting T+1 | awaiting T+1 | — | $56.80 (+701.13%) |
May 29, 2026 18w ago | 15-12G | — | awaiting T+1 | — | — |
May 19, 2026 19w ago | 8-K | $7.10 $7.10 | · 0.00% | ▼ −1.04% | $56.80 (+700.00%) |
May 19, 2026 19w ago | 25-NSE | $7.10 $7.10 | · 0.00% | ▲ +1.04% | $56.80 (−700.00%) |
Mar 2, 2026 30w ago | Insider Cluster | $7.12 $7.10 | ▼ −0.28% | ▲ +0.63% | $56.80 (+697.75%) |
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