What it is
Delisting ends exchange trading in a stock. It can be triggered automatically (for example by a disclaimer of audit opinion or total capital impairment) or decided after a listing eligibility review.
Liquidation trading
Once delisting is confirmed, shareholders usually get seven trading days of liquidation trading, during which daily price limits do not apply.
What to keep in mind
The company may survive, but its shares become very hard to trade. Appeals or improvement periods sometimes apply, so follow the filing schedule.
How the process runs
Delisting is rarely a single decision. A company that misses a listing requirement is first designated an administrative issue; if the cause persists it goes to a listing eligibility review. The review often grants an improvement period of several months to about a year, usually with trading suspended, and delisting follows only if the problem is not fixed. Every step is filed publicly by the company and the exchange.
Where to check it
This site groups suspension and delisting filings in one place, and each company page lists that company’s own filings.
See related filings and news data →
This explanation is general information, not investment advice. Rules reflect September 2026 and may change; check official exchange and broker notices.