15-15D Mergers and structural reorganizations can also lead a company to file Form 15-15D to suspend its reporting requirements.
If a company takes action to remove itself from the public markets, an act referred to as going private or going dark, filing Form 15-15D or Form 15 is part of the process.
Publicly held companies can deregister their equity securities if there are fewer than 300 shareholders of record or fewer than 500 shareholders of record if the company does not have substantial assets.
XALL had a small window to file this particular rule less than 300 holders with no assets or equity at time of filing Rule 12g-4(a)(1)
Not XALL Basically Assets Employee benefits Salary Net income Healthcare
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