Friday, May 10, 2019 11:20:33 AM
for these relatively obscure entities that have very little trading of their stock on an exchange. Because of the limited benefits of being public and the significant costs in money, time and effort to prepare and file periodic reports with the SEC, many such firms decide to deregister their securities
no big deal
https://www.investopedia.com/terms/s/sec-form-15.asp
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