After an exchange warning.
Of 3,778 exchange warnings and delisting decisions sent to US companies since 2010, 68% left the company still listed a year later.
- Still listed68%
- Delisted16%
- Bankrupt9%
- Stopped reporting2%
- Acquired5%
- Did a reverse split within a year18%
- Raised money within a year15%
Based on 3,778 cases at 3,101 companies.
Method
How this is measured
Every first warning per company in three years since 2010 (8-K item 3.01), read and sorted by what it was for; moves to another exchange, merger delistings, warrant delistings, board vacancies and regained compliance are left out. What happened within a year comes from SEC filings: bankruptcy filings, delisting notices, merger filings, and companies that stopped filing reports. Still listed a year later: 70% of warnings since 2018, 64% from 2010 to 2017. A pattern across many companies says little about any one company.
Steady publishes these figures for information only. Nothing here is investment advice.