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Thursday, July 25, 2019 8:45:14 PM
No, it doesn't work that way. If a company is suspended for delinquency, and an action to revoke registration is initiated, there's no recourse. Registration will be revoked. If the company wants, it can submit a new registration statement once it's got those financials ready.
You said what happened with Avant. It said it had its financials ready to file. The SEC revoked registration anyway.
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