DD Support Board and Research Team

[janice shell]

For a R/M, does a company need a CUSIP issued to it before it can register the new shares and new symbol? Or is the CUSIP issued after registration of new shares and symbol? Or is it all simultaneous?

It's supposed to be more or less simultaneous. This is what FiNRA says about it in its instructions for filing corporate action requests:

Attach CUSIP confirmation from the CUSIP Service Bureau (212-438-6565 or www.cusip.com) indicating the current status of the CUSIP for the Issue(s), if applicable. Please note: current CUSIP should not be suspended until shortly before requested corporate action is announced.

Attach CUSIP confirmation from the CUSIP Service Bureau (212-438-6565 or www.cusip.com) indicating the current status of the CUSIP for the Issue(s). Please note: current CUSIP should not be suspended until shortly before requested corporate action is announced.