Delcath Systems Inc (DCTH)

[SAMNOTSAMUEL]

An issuer that is late or has failed to maintain its Reporting Requirements is disqualified from use of Form S-3, which is needed to conduct at the market direct public offerings, shelf registrations and types of registered securities. Likewise, a Form S-8 cannot be filed while an issuer is either late or delinquent in its Reporting Requirements. Late or delinquent filings may also trigger a default in the terms of contracts, including corporate financing transactions. Finally, the SEC can bring enforcement proceedings against late filers, including actions to deregister the securities