What happens to a stock when the value goes below a $1.00

[SallyB]

As we know I talk about GWG L Bonds but my question today is,

Beneficient which was to be part of the GWG payback is now at $0.67 a share what happens now to the company since the stock is under a $1.00. Do they get removed from the stock exchange? Does the company declare bankruptcy? Are all the funds given to them just gone ($360 million)?
Good one Michael

[Keefelane66]

GWG L Bonds were delisted in 2022 unless you join a lawsuit you are probably S O L…

GWG L Bonds | Chase Carlson (https://www.carlsonlaw.com/product-types/gwg-l-bonds/)

[SallyB]

GWG L Bonds were delisted in 2022 unless you join a lawsuit you are probably S O L…

GWG L Bonds | Chase Carlson (https://www.carlsonlaw.com/product-types/gwg-l-bonds/)
I am asking about BENF (Beneficient) or any company really.
But I do agree with you.

[blueash]

The generic answer to your question is available from Mr Google, not to be confused with his brother Dr. Google

HERE (https://www.google.com/search?q=what+happens+if+a+stock+goes+below+%241&oq=what+happens+if+a+stock+is+below&gs_lcrp=EgZjaHJvbWUqCAgBEAAYFhgeMgYIABBFGDkyCAgBEA AYFhgeMggIAhAAGBYYHjIICAMQABgWGB4yCAgEEAAYFhgeMggI BRAAGBYYHjIICAYQABgWGB4yCAgHEAAYFhgeMggICBAAGBYYHt IBCTEyNDI1ajBqMagCALACAA&sourceid=chrome&ie=UTF-8)

[Babubhat]

Reverse split, raise capital or risk delisting depending on stock exchange rules. Look how many times AMC has been revived