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Posted On: 08/04/2020 10:04:46 AM
Post# of 4319
From Investopedia:
"When a company is delisted, its stock no longer trades on a stock exchange. In a direct sense, nothing happens to a shareholder when delisting occurs. The shareholder still owns the same percentage of the company as before, and he is free to sell the shares to any willing buyer."
I also read that if it is involuntary, the CEO must wait 10 years before applying to re-list.
"When a company is delisted, its stock no longer trades on a stock exchange. In a direct sense, nothing happens to a shareholder when delisting occurs. The shareholder still owns the same percentage of the company as before, and he is free to sell the shares to any willing buyer."
I also read that if it is involuntary, the CEO must wait 10 years before applying to re-list.
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