Form 4: Nordstrom Inc. Completes Merger, Common Stock Delisted

Nordstrom Inc. has completed its merger with Nordstrom Holdings, Inc., resulting in the delisting of its common stock from the New York Stock Exchange.

Summary

• On May 20, 2025, Nordstrom, Inc. completed a merger with Nordstrom Holdings, Inc. (formerly Norse Holdings, Inc.).
• The merger involved Navy Acquisition Co. Inc. merging into Nordstrom, with Nordstrom surviving as a wholly-owned subsidiary of Nordstrom Holdings.
• As a result of the merger, Nordstrom's common stock will be delisted from the New York Stock Exchange and deregistered under the Securities Exchange Act of 1934.
• Prior to the merger, 10,244,147 shares of Nordstrom's common stock were transferred to Nordstrom Holdings in exchange for newly issued shares of common stock of Nordstrom Holdings.

Sentiment

Score: 6

Explanation: Neutral sentiment as the document primarily reports the completion of a previously announced merger. The delisting is a factual consequence, not inherently positive or negative.

Negatives

• Nordstrom's common stock will be delisted from the New York Stock Exchange as a result of the merger.

Future Outlook

The company will operate as a wholly-owned subsidiary of Nordstrom Holdings, Inc.

Industry Context

This announcement reflects a trend of companies seeking to go private through mergers or acquisitions, often to facilitate restructuring or strategic changes away from public market pressures.

Stakeholder Impact

• Shareholders of Nordstrom common stock have had their shares converted as part of the merger agreement.
• Employees will continue under the new ownership structure.
• Customers and suppliers are not expected to experience immediate changes.

Key Dates

Keywords

Merger, Nordstrom, Delisting, Common Stock, Nordstrom Holdings, Acquisition