Form 15 Going Dark
What is Form 15 going dark?
Form 15 going dark is a process where a company decides to stop filing reports with the Securities and Exchange Commission (SEC) and deregister its securities. This action effectively removes the company's obligation to disclose financial information publicly.
What are the types of Form 15 going dark?
There are two types of Form 15 going dark: voluntary and involuntary. In a voluntary Form 15 going dark, the company chooses to deregister its securities. In contrast, an involuntary Form 15 going dark occurs when the SEC deregisters a company's securities due to non-compliance with reporting requirements.
How to complete Form 15 going dark
To complete Form 15 going dark, follow these steps:
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