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Delisting |
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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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