Delisting does not automatically mean that you lose your entire investment, nor does it impact your legal ownership stake in the company. When a stock is delisted from a major exchange, it typically begins trading on an over-the-counter (OTC) market, which means the shares may still hold value and can potentially be sold, though liquidity is often significantly lower. However, the value of the shares can experience extreme volatility and may decrease substantially because delisting often signals financial distress or a failure to meet regulatory requirements. In the worst-case scenario—such as when a company files for bankruptcy and is liquidated—the share value could drop to zero, resulting in a total loss of your initial investment.