*****SEC Form 15: An Overview SEC Form 15 is a voluntary filing with the Securities and Exchange Commission (SEC), also known as the Certification and Notice of Termination of Registration. It is used by companies to revoke their registrations as publicly-traded corporations.
Form 15 is typically used by small companies with a limited number of shareholders who decide that the expense and reporting requirements of remaining a publicly-traded corporation are too onerous. The company's shares will cease trading, while its remaining owners may retain or sell their shares privately.
KEY TAKEAWAYS
Form 15 informs the SEC that a company no longer wants to trade publicly, and therefore won't follow the usual government reporting requirements.
The form is most often used by small companies with few shareholders who find the SEC reporting regulations burdensome.
It is sometimes used by companies in deep trouble that face imminent de-listing anyway.
OMHE had only 52 shareholders way back in 2016 -- no doubt that number has dropped considerably
News 
Market Data 
Discover 
AI
