referencelibrarybanner
Board Diversity
Reference Library - Advanced Search
Find
 


Library 



 
Timeframe
Category
 
Sub-Category
** To make multiple selections, select the first criterion and then press and hold the Ctrl Key **
 
1- 1 of 1 Search Results for:
Libraries:   FAQs - Listings
Filters:   Continued Listing; All
 
Search   Clear


Expand All Printer Friendly View Mailto Link 
Page: 1 of 1
Frequently Asked Questions
  What are the listing implications for a company filing for bankruptcy protection?
Identification Number 408
Listing Rules 5101, 5110(b) and IM-5101-1 provide that a company may be delisted in the event it files for bankruptcy protection or is subject to similar proceedings, or that such a filing is imminent. Nasdaq will generally issue a delisting letter following such a filing. While the company may request a review of this determination before a Nasdaq Hearings Panel, in accordance with the Rule 5800 Series, please note that such a request does not stay the suspension of the company‚Äôs securities, and any trading during the Hearings Panel review process would take place in the over-the-counter market and not on Nasdaq. See Hearings FAQs for additional information.
 
Publication Date*: 3/21/2023 Mailto Link Identification Number: 408
Page: 1 of 1
home_footer_links
Copyright_statement
App Store       Google Play       Listing Center Content RSS Feed
The Nasdaq Stock Market, Nasdaq, The Nasdaq Global Select Market, The Nasdaq Global Market, The Nasdaq Capital Market, ExACT and Exchange Analysis and Compliance Tracking system are trademarks of Nasdaq, Inc.
FINRA® and Financial Industry Regulatory Authority, Inc.® are registered trademarks of Financial Industry Regulatory Authority, Inc.