I hope they drop the PO that NP mentioned on last week's CC, for this week (Yes I know the elephant in the room). For a list of 'material' events, the SEC provided a guideline. Below for your pleasure and keep:
I'm looking at #4 and hope the PR drops tomorrow or at the latest on the 17th when the vulture lawyers go away...
"The adoption of new Form 8-K requirements (in 2004) expanded the list of what is required to
be disclosed. Again, this list should not be considered an exhaustive list, but it gives a good
idea of what areas should at least give rise to disclosure obligations, if only because these
items require an 8-K filing within days of the event.
1. Entry into a material definitive agreement (or a material amendment of a
material definitive agreement).
2. Termination of a material definitive agreement
(unless expires on stated termination date).
3. Bankruptcy or receivership (same as 7. on previous page).
4. Completion of acquisition or disposition of assets.
5. Results of operations and financial condition.
6. Creation of a direct financial obligation or an obligation under an
off-balance sheet arrangement.
7. Triggering events that accelerate or increase a direct financial obligation or
an obligation under an off-balance sheet arrangement.
8. Costs associated with exit or disposal activities.
9. Material impairments.
10. Notice of delisting or failure to satisfy a continued listing rule or standard/or
a transfer of listing.
11. Unregistered sales of equity securities.
8
4. DISCLOSURE CONCEPTS AND THEORIES
12. Material modification to rights of security holders.
13. Changes in certifying accountant.
14. Non-reliance on previously issued financial statements.
15. Non-reliance on previously issued audit report or completed interim review.
16. Changes in control.
17. Departure of a director as a result of a disagreement or removal for cause.
18. Any other departure of a director or any departure of a principal officer.
19. Appointment of a new principal officer.
20. Election of a new director other than by shareholder vote.
21. Amendments to the company’s articles of incorporation or bylaws
other than by shareholder vote.
22. Changes in fiscal year other than by shareholder vote.
23. Temporary suspension of trading under the company’s employee benefit plans.
24. Amendments to the company’s code of ethics or waiver of a provision
of the code of ethics.
25. Change in shell company status.
26. Events related to asset-backed securities.
27. Information required to be disclosed by Regulation FD.
28. Certain other events, financial statements, and exhibits."
