I was wrong they are not obligated to file old 10, K's and Q's
The Order further provides for, pursuant to Section 12(j) of the Exchange Act, revocation of the registration of each class of Vertical’s securities registered pursuant to Exchange Act Section 12 (which had been Vertical’s common stock). The revocation became effective as of January 6, 2021. Consequently, since Vertical is no longer subject to SEC reporting requirements, Vertical is not obligated to file the delinquent annual Form 10-K Reports for 2018 and 2019 and the delinquent quarterly Form 10-Q Reports for 2019 and 2020.
And by selling to "Qualified Investors or Accredited Investors" they don't have to file either
