"Going Dark" - The Simple Path to Exiting the U.S. Public Company Reporting System -
The benefits to the company of terminating its reporting obligations would normally include significantly lower accounting, legal, insurance and compliance costs related to Exchange Act and Sarbanes-Oxley requirements and public disclosure obligations.
...the deregistration process... would help provide some additional liquidity to the company’s shareholders while saving the expense of complyingwith full SEC, Sarbanes-Oxley governance requirements.