Service Team Inc (SVTE)

[ChuckBits]

There actually is "something" to the "71 day stuff", it's just that it's confusing. (At least to me) Like other SEC rules, there are many heretofore's, ifs, ands, exceptions, etc. There is also a clause that refers to rule 3-05 acquisitions blaa, blaa, blaa. Add to that, the rules change if the acquired company is 20%, or 40%, or 50% of something else.

I feel I'm making things worse? Anyway, the stuff below is one of many things I found regarding filing requirements related to acquisitions. This was under "8k acquisition requirements".


The financial statements of an acquired business (Item 9.01) must be filed no later than 71 calendar days after the date that the initial report on Form 8-K must be filed (four business days plus 71 calendar days).