DelistingJun 11, 2026, 04:17 PM
GoHealth to be delisted from Nasdaq on June 16 due to bankruptcy
AI Summary
GoHealth, Inc. announced it received a notice from Nasdaq on June 9, 2026, stating its Class A common stock will be delisted. The delisting, effective June 16, 2026, is primarily due to the company's Chapter 11 bankruptcy filing and associated public interest concerns, as well as non-compliance with Nasdaq's minimum market value requirement. GoHealth does not plan to appeal the decision and expects its stock may trade on over-the-counter markets, cautioning investors about the speculative nature of trading during bankruptcy proceedings.
Key Highlights
- GoHealth received a Nasdaq notice on June 9, 2026, for delisting its Class A common stock (GOCO).
- Delisting is effective June 16, 2026, due to the Chapter 11 bankruptcy filing and public interest concerns.
- Nasdaq also cited non-compliance with the $35 million minimum market value rule since March 18, 2026.
- The company does not intend to appeal Nasdaq's delisting determination.
- Trading of GoHealth's Class A common stock will be suspended at the opening of business on June 16, 2026.
- GoHealth anticipates its stock may be quoted on the OTCID Basic Market or another over-the-counter market.
- The company cautions that trading during Chapter 11 is highly speculative and poses substantial risks.
Price Impact
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