QualTek Services Inc (fka QTEKQ)

[Cassandra]

Formerly-suspended grey market stocks do not run, are not candidates for reverse mergers and are usually a complete loss for the shareholder unless they can sell when someone who doesn't understand the situation is buying.

QTEK's stock was registered with the SEC and the corporation never filed a Form 15 to de-register it (meaning it continued to be obligated to file periodic reports with the SEC). The stock of such corporations is often revoked following a suspension if the suspension was in regard to delinquent filing. Revocation means the ticker and CUSIP are no longer valid or tradeable. You will often see the message boards for or other references to such stocks showing as "fka" or "f/k/a" with the old ticker symbol.

Corporations with stock that was never registered or was de-registered do not face revocation following suspension, but typically die on the grey market.