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Thursday, April 26, 2018 9:50:40 AM
COMPANY DATA:
COMPANY CONFORMED NAME: ACUSPHERE INC
CENTRAL INDEX KEY: 0001115143
STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL
FILING VALUES:
FORM TYPE: CT ORDER
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-50405
FILM NUMBER: 17520398
BREAKING DOWN 'Confidential Treatment Order - CTO'
Companies would typically seek a confidential treatment order (CTO) to keep information secret that would otherwise put it at a competitive disadvantage if revealed. A company would seek the confidential treatment order by filing a formal request, a confidential treatment request (CTR), with the Securities and Exchange Commission (SEC).
Example of a Confidential Treatment Order
For example, a company may apply for a confidential treatment order by completing a confidential treatment request to keep information regarding a pricing arrangement made with a potential acquisition target secret. This request could be made on the basis that the company's competitors may use this information to go after the target with a more competitive price. Other common items kept confidential include milestone payments and other technical specifications.
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