Should this condition in the S-1 filing worry investors since there are 2 business days left before the Distribution Date without any correspondence from the company requesting acceleration of the effectiveness and without the SEC making any declaration of effectiveness?
FROM S-1 FILING:
"The Spin-Off is subject to the satisfaction, or the FAB board of directors’ waiver, of the following condition:
the Securities and Exchange Commission (the “SEC”) shall have declared effective our Registration Statement on Form S-1, of which this Prospectus is a part, under the Securities Act of 1933, as amended (the “Securities Act”), and no stop order suspending the effectiveness of our Registration Statement shall be in effect and no proceedings for that purpose shall be pending before or threatened by the SEC."
