News & Analysis as of

Delisting

Goodwin

Nasdaq Proposes Immediate Delisting for Companies Below $5 Million Market Value

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On January 26, 2026, The Nasdaq Stock Market (Nasdaq) filed a rule proposal with the Securities and Exchange Commission (SEC) that would permit the immediate suspension and delisting of a company listed on the Nasdaq Global...more

American Conference Institute (ACI)

[Event] 10th Annual Canadian Forum on Global Economic Sanctions - February 25th - 26th, Toronto, ON, Canada

Canadian Institute's 10th Annual Canadian Forum on Global Economic Sanctions brings together leading regulators, enforcement officials, compliance professionals, and top decision-makers....more

Cooley LLP

Nasdaq’s ‘Life-Changing Magic of Tidying Up’

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I don’t know about you, but the transition from one year to the next always feels like a good time to declutter. I’ve spent the past few weeks doing that, and now I’m focusing on not accumulating junk in the first place....more

Fenwick & West LLP

Securities Law Update - December 2025

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Welcome to the latest edition of Fenwick’s Securities Law Update. This issue contains updates and important reminders on the following topics...more

Friling Law

The “Bargaining Chip” Doctrine in OFAC Sanctions: Strategic Leverage, Legal Foundations, and Practical Pathways to Delisting

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Sanctions administered by the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) are often described as punishment — a way for the United States to respond to misconduct abroad by blocking assets or...more

Procopio, Cory, Hargreaves & Savitch LLP

Nasdaq-Listed Companies Facing Potentially Increased Risk of Delisting

Nasdaq has put forward a proposal that would significantly tighten its approach to companies falling out of compliance with listing standards. The proposal is still in the public comment phase with a statutory decision...more

American Conference Institute (ACI)

[Event] 8th Annual Summit on Life Sciences IP Due Diligence - December 3rd - 4th, Boston, MA

Attend ACI's 8th Annual Summit on Life Sciences IP Due Diligence, and join IP counsel from across the life sciences industry to benchmark your diligence strategies, strengthen portfolio valuation approaches, and stay ahead of...more

Cadwalader, Wickersham & Taft LLP

Nasdaq Proposes Increased Standards for Initial and Continued Listing

The Nasdaq Stock Market LLC (Nasdaq) recently filed new rule proposals (SR-NASDAQ-2025-068 and SR-NASDAQ-2025-069) with the Securities and Exchange Commission (SEC) which, per Nasdaq, provide “enhancements to its initial and...more

Patterson Belknap Webb & Tyler LLP

Nasdaq Proposes Changes to Initial and Continued Listing Standards

On September 3, 2025, Nasdaq filed two separate rule proposals with the U.S. Securities and Exchange Commission (“SEC”) that, if approved, will materially raise the bar for companies seeking to list, and remain listed, on...more

Morgan Lewis

Nasdaq Proposes Changes to Initial and Continued Listing Standards

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The Nasdaq Stock Market LLC (Nasdaq) recently submitted proposed enhancements to its initial and continued listing standards to the US Securities and Exchange Commission (SEC), aiming to strengthen its longstanding commitment...more

Sheppard Mullin Richter & Hampton LLP

Nasdaq Proposes Significant Changes to Initial and Continued Listing Standards

On September 3, 2025, The Nasdaq Stock Market LLC (Nasdaq) announced proposed changes to its listing standards. According to Nasdaq, these proposed changes respond to the rising complexity and volatility in today’s capital...more

Herbert Smith Freehills Kramer

Takeovers Panel Declines to Review Delisting Proposal

The Takeovers Panel will decline to hear a matter about a delisting proposal, unless it is coupled with a transaction which may affect control or the acquisition of a substantial interest or is otherwise in breach of Chapter...more

Paul Hastings LLP

SEC Commissioner Paul Atkins Promises Increased Enforcement of US-Listed Chinese Companies

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During Securities and Exchange Commission Chairman Paul Atkins’ Senate confirmation hearing, a lawmaker asked him, “Would [you] investigate Chinese companies for … wanton and blatant violations of U.S. disclosure laws that...more

A&O Shearman

Why are take-private deals accelerating in Singapore and Hong Kong?

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A growing number of companies are delisting from public markets globally. Here we examine what’s driving activity in Singapore and Hong Kong, and explore how shifting regulatory regimes are influencing transaction flows. ...more

Sheppard Mullin Richter & Hampton LLP

Navigating Nasdaq and NYSE: Essential Insights for Companies

In 2025, 145 companies have effectuated reverse stock splits. Both companies listed on Nasdaq and on the New York Stock Exchange (“NYSE”) often conduct reverse stock splits to comply with each exchange’s minimum share price...more

Allen Matkins

If The Shares Of A Chinese Company Are Delisted, What Happens To Trading In California?

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Yesterday's Wall Street Journal includes a story about the possible delisting of shares of Chinese companies.  Shares of companies that are listed, or authorized for listing, on a national securities exchange (or tier or...more

Venable LLP

A Legal Whirlwind Settles: Treasury Lifts Sanctions on Tornado Cash

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On March 21, 2025, the U.S. Department of the Treasury's Office of Foreign Assets Control (OFAC) officially lifted sanctions on Tornado Cash, the decentralized cryptocurrency mixer it had blacklisted in August 2022....more

Paul Hastings LLP

A Whirlwind of Change: The Delisting of Tornado Cash

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Over the past several years, as U.S. regulators have grappled with the increasing use of cryptocurrency across a spectrum of legitimate and illegitimate commerce, the U.S. Department of Commerce’s Office of Foreign Assets...more

K2 Integrity

The Tornado Cash Delisting And Sanctions Compliance Implications For Crypto

K2 Integrity on

On 21 March 2025, the U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) removed Tornado Cash, a virtual currency mixer, from its list of Specially Designated Nationals and Blocked Persons (SDN List),...more

American Conference Institute (ACI)

[Event] 21st Annual Conference on Paragraph IV Disputes - April 29th - 30th, New York, NY

Attend ACI's 21st Annual Conference on Paragraph IV Disputes and join leaders from brand and generic pharmaceutical companies, renowned outside counsel, esteemed members of the judiciary, government, and academia to: -...more

Akerman LLP

SEC Approves Changes to NYSE and Nasdaq Minimum Price Rules: What Public Companies Need to Know

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In January 2025, the Securities and Exchange Commission (the Commission) approved amendments to the minimum bid price compliance rules for companies listed on the New York Stock Exchange (NYSE) and the Nasdaq Stock Market...more

Sullivan & Worcester

SEC Approves NYSE and NYSE American Rule Changes Regarding Minimum Price Criteria Compliance Periods and the Use of Reverse Stock...

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In January 2025, the Securities and Exchange Commission (SEC) approved rule changes proposed by the New York Stock Exchange (NYSE) and NYSE American that impact companies utilizing reverse stock splits to regain compliance...more

Sullivan & Worcester

Nasdaq Changes Rules Regarding Minimum Bid Price Compliance Periods and Restricts the Use of Reverse Stock Splits

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The Securities and Exchange Commission (SEC) recently approved rule changes proposed by The Nasdaq Stock Market LLC that impact companies utilizing reverse stock splits to regain compliance with Nasdaq’s minimum bid-price...more

Hogan Lovells

SEC approves Nasdaq and NYSE revisions to reverse stock split rules: What public companies need to know

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n January 2025, the U.S. Securities and Exchange Commission (SEC) approved amendments, both of which are now effective, to The Nasdaq Stock Market LLC (Nasdaq) and The New York Stock Exchange (NYSE) listing rules that will...more

A&O Shearman

Updates on OJK Regulation 45/2024

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On December 27, 2024 the Indonesia Financial Service Authority (Otoritas Jasa Keuangan or the OJK) issued OJK Regulation No. 45 of 2024 on Development and Enhancement of Issuers and Public Companies (OJK Regulation 45/2024). ...more

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