Take One Down: Memorandum to the Board of Directors and/or Senior Management on Delisting and Deregistration under the Exchange Act

A company may choose to delist and deregister its securities if it no longer meets the registration requirements under the Securities Act. Use this template to draft a memorandum to the directors and officers of a domestic public company advising them on what it means to voluntarily delist and deregister the company’s securities, how to do so, and what happens to the company’s reporting obligations in that context.

READ NOW »

Related Content

• Deregistering a Security
  Take a detailed look at the requirements and process for deregistering a security.

• Section 16 Compliance, Insiders, and Liability
  Get an overview of the obligations and risks insiders face.

• Form 8-K Preparation for a Section 3 or Section 4 Event
  Make the required filing for when a security is delisted from a securities exchange.

• Going Private Transactions: Structuring and Planning
  Put together a solid plan for taking a company private.

Practical Guidance Updates 
Featuring the latest updates from your Practical Guidance account. 

• Listen Up! The Practical Guidance Podcast features interviews with industry-leading attorneys on cutting edge issues in the law: NFTs, Cannabis, COVID-19, and more.
• Share fundamental guidance with your firm’s associates to help them sharpen their research and writing skills, get the inside scoop on first year associate survival, and hit the ground running in your practice area(s). Review the resources in the First Year Associate Resource Kit: Capital Markets & Corporate Governance
• Legal Developments provide the latest updates and analyses of emerging topics impacting your practice area. Visit the Legal Developments page to see the latest topics, which also include breaking legal news and related Practical Guidance content.
• The Practical Guidance Journal Fall Edition features impacts of the Dobbs v. Jackson Health Organization decision on employers, healthcare, insurance, and privacy concerns, and tracks the status of state law changes.
• Check out the new Practical Guidance Author Center! Learn about the 1500+ leading attorney authors contributing to our 22 practice areas, and find out how you can Become a Practical Guidance Author.

Experience results today with practical guidance, legal research, and data-driven insights—all in one place.

Experience Lexis+