News Focus
News Focus
Followers 26
Posts 2956
Boards Moderated 0
Alias Born 02/26/2012

Re: Jackroch post# 16545

Tuesday, 05/13/2014 1:23:23 PM

Tuesday, May 13, 2014 1:23:23 PM

Post# of 20680
“Going dark” refers to the process of voluntarily delisting a public company’s shares from a national securities exchange or inter-dealer quotation system (if so listed or quoted) and subsequently deregistering the shares under the Exchange Act, thus suspending or terminating the company’s public reporting obligations under the Exchange Act. Delisting alone does not eliminate public reporting requirements. Many non-listed companies are also reporting issuers. However, for such an unlisted public reporting company, the lack of a stock exchange listing may substantially diminish the benefits of remaining a public company.

http://www.dorsey.com/going_dark_voluntary_delisting_deregistration/

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today