Exchange listings

1. 1 · Registration8-A12B

   The company registers its shares on a named exchange under Section 12(b). Filed by Fannie Mae or Freddie Mac; the filing names the exchange.

2. 2 · Exchange approvalCERT

   The exchange certifies to the SEC that it has approved the shares for listing. Filed by the exchange itself — trading usually follows within days.

3. 3 · First trade—

   Shares move from OTC (since the July 2010 NYSE delisting) to the exchange. Form 25 / 25-NSE would record a later removal.

A registration or approval dated Feb 1, 2025 or later confirms the “Exchange uplisting” signal automatically and moves Path B.