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Delisting

   Also found in: Dictionary/thesaurus, Wikipedia 0.03 sec.
Delisting
When the stock of a company is removed from a stock exchange.

Notes:
Reasons for delisting include violating regulations and/or failure to meet financial specifications set out by the stock exchange.

Companies that are delisted are not bankrupt, and may continue trading on the OTCBB.

See also: Deleted, OTCBB

Delisting
Removal of a company's security from listing on an exchange because the firm has not abided by specific regulations.

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As a result, more and more companies are choosing to "go dark" by delisting and deregistering their securities.
Companies are not legally required to publicly disclose having received a delisting warning letter, and none of them would confirm receiving the warning, and Nasdaq doesn't let the public know when the notices go out.
As ICOS has fewer than 300 stockholders of record, ICOS' obligation to file reports with the SEC should be suspended immediately upon the delisting of the common shares.
 
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