SEC suspensions are temporary. The suspended ticker has 10 days to become current.
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.
News 
Market Data 
Discover 
