Thursday, December 30, 2021 4:53:18 PM
Deadline is the end of March 2023
After the 15c2-11 compliance date, shell companies will be able to trade for 18 months until they become an operating company. If they don’t become an operating company in 18 months, they will be de-listed. This also applies to OTC companies that become shells after the compliance date– they will have 18 months to demonstrate they are an operating company before getting de-listed.
https://blog.colonialstock.com/sec-denies-anticipated-otc-expert-market/
All my posts are my opinion and not intended to be investment advice
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