Trade Finance Forum › Forums › Market Regulations › Compliance › Identify the reasons under Nasdaq rule 5250(c)(1) for which a trade financing corporation may be delisted. › Reply To: Identify the reasons under Nasdaq rule 5250(c)(1) for which a trade financing corporation may be delisted.
Rule 5250(c)(1) of the Nasdaq stipulates that a firm may be delisted if it refuses to file its periodic financial statements with the SEC on time. However, delisting from Nasdaq is possible for several reasons, including failing to fulfil the minimum listing, maintaining the minimum bid price, and complying with securities laws, regulations and rules.
It is crucial to note that a firm may be delisted from Nasdaq for several other reasons, like failing to meet other listing requirements or being bought by another company. In addition, the delisting procedure can be lengthy, and the business might appeal the decision.