Suspension, closing, bankruptcy
A company can suspend business or close down. If it can't pay what it owes, it goes bankrupt.
Good to know
- Suspension: You can resume later. While suspended, trading in the company's shares stops.
- Closing down: Ending the company when it can pay everything it owes.
- Bankruptcy: When it can't pay. Order payments and the like are returned as a share, and the shares disappear.
- In both closing and bankruptcy, bank deposits are returned in full. Any money left is shared among the shareholders.
- Shares the company held are shared among its shareholders in proportion to their holdings (the president gets any remainder).
- A listed company is delisted. Open orders are canceled and returned.
- Closed and bankrupt companies stay in search and on their company pages as “Closed” or “Bankrupt”. You can't trade with them.
- Suspended companies also count toward the number of companies you can have (5).
- Closing a company, changing the president, splitting shares, and similar actions run only after you confirm twice.