Wednesday, August 16, 2017 9:43:37 AM
Here is a nice little blurb about re-registering after deregistering, although this refers to banks:
“To “re-register,” a non-reporting bank must file a registration statement4 with the SEC under the 1933 Act. Unfortunately, because the bank is not an SEC-reporting company, it cannot incorporate by reference any information or disclosures from prior Form 10-K, 10-Q and 8-K filings or proxy statements. Instead, the registration statement must contain all of the financial and non-financial information that would be required to be included in periodic filings by an SEC-reporting company. This includes, among other things, audited financial statements and related disclosures, management’s discussion and analysis of financial condition and results of operations (MD&A), disclosures regarding the bank’s directors and executive officers (including compensation disclosures), disclosures regarding the bank’s business, regulation and competition, and securities ownership information.” Source: http://www.vorys.com/publications-1463.html
The 10-K and 10-Q filings were FINRA requirements for name/ticker change. So, IMO we may see a Quarterly Report to remain current on the OTC for now, if they care enough to avoid a STOP sign. IMO I don’t think we’ll see a 10-Q without an Form S for re-registration with that happening after the name/ticker change.
This is my ONE post for the day. Thoughts?
All IMO.
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