With only one holder of record and a prior exchange delisting, this deregistration is the final step in going dark. Existing shareholders lose SEC-mandated disclosures and Sarbanes-Oxley protections. Monitor for any going-private transaction or tender offer that may have preceded this filing, as the company's public market exit is now complete.
Price Chart
Executive Summary
Simulations Plus, Inc. filed Form 15-12G to terminate its SEC registration under Section 12(g), effective October 16, 2026. The filing states there is only one holder of record, and it follows a prior exchange delisting (Form 25-NSE filed October 6, 2026). This completes the company's exit from public reporting obligations, moving its common stock to the OTC market with reduced transparency and liquidity.
Key Facts
- Form 15-12G filed to terminate registration under Section 12(g) of the Securities Exchange Act of 1934
- Approximately one (1) holder of record as of the certification date
- Effectiveness date: October 16, 2026
- Follows a Form 25-NSE exchange delisting filed October 6, 2026 (10 days prior)
- Common stock (par value $0.001 per share) is the sole class of securities covered
- CEO Shawn O'Connor signed the certification
Financial Impact
Complete loss of SEC reporting obligations; stock will trade on OTC markets with reduced liquidity and transparency. No financial figures disclosed in the filing.
Risk Factors
- Loss of SEC reporting means no quarterly or annual financial disclosures going forward
- Reduced liquidity and potential wider bid-ask spreads on OTC markets
- Shareholders lose access to SEC enforcement protections and proxy statement disclosures
- Possible going-private transaction at a discount to prior market value
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 15-12G Filing (Primary) | 0001023459-26-000109 |
| Document: 0001023459-26-000109-index-headers.html | 0001023459-26-000109 |
| Document: 0001023459-26-000109-index.html | 0001023459-26-000109 |
| Document: 0001023459-26-000109.txt | 0001023459-26-000109 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 16, 2026 10d ago | 15-12G | — | awaiting T+1 | — | — |
Oct 8, 2026 19d ago | EFFECT | $18.50 | awaiting T+1 | — | — |
Oct 6, 2026 20d ago | 8-K | $18.50 | awaiting T+1 | — | — |
Oct 6, 2026 20d ago | 25-NSE | $18.50 | awaiting T+1 | — | — |
Aug 21, 2026 9w ago | DEFA14A | $18.40 $18.40 | · 0.00% | ▲ +0.29% | — |
Aug 13, 2026 10w ago | 8-K | $18.35 $18.36 | ▲ +0.05% | ▲ +0.53% | — |
Jul 22, 2026 13w ago | DEFM14A | $18.33 $18.34 | ▲ +0.05% | ▼ −0.05% | — |
Jul 9, 2026 15w ago | PREM14A | $18.24 $18.25 | ▲ +0.05% | ▲ +0.82% | — |
Jun 16, 2026 18w ago | 8-K | $18.24 $18.25 | ▲ +0.05% | ▲ +1.30% | — |
Jun 14, 2026 19w ago | Institutional Cluster | $16.37 $18.24 | ▲ +11.42% | ▲ +12.02% | — |
US Market Status
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