Fernhill Corporation (FERN)

[StockLogistics]

“Fernhill Corp Provides Clarification on its Regulation A Filing
Press Release | 10/31/2022

Fernhill recently filed a Form 1-A POS with the Securities and Exchange Commission, otherwise known as an amended REG A. While the current filing is still under review the company wishes to address some concerns and clarify some questions around the Regulation A process for its shareholders and the broader investment community:

Price Range - Given the amount of time involved in qualifying a Regulation A offering, a significant number of Regulation A offerings filed by publicly traded companies are filed initially with a price range. This practice is permitted under the rules and regulations and allows publicly traded companies to solidify their offering price once the Regulation A offering has been qualified. This practice allows publicly traded companies to price their offerings based on the market conditions once the review process has been completed and is simply a safety measure.

Actual Price - The actual price of the Fernhill Reg A has not been determined and it will not be determined until after the filing becomes effective. It could end up toward the low end of the range or the high end or somewhere in between. The pricing determination is typically a function of where a company is currently trading at that time.

Use of Proceeds - Per the filing, the use of any proceeds that are raised will go towards:
Working Capital
Repayment of Notes and Accounts Payable
Expansion of PerfectMine, MainBloq and DigXNFT and
Ongoing accounting, legal and auditing expenses.”

“SEC Filings
FORM TYPE RECEIVED PERIOD END DATE
15-12G 05/21/2009
8-K 05/21/2009 01/05/2009
8-K 11/25/2008 11/25/2008
8-K 09/29/2008 09/25/2008
8-K 09/29/2008 09/16/2008
ARS 09/02/2008 12/31/2007
DEF 14A 08/15/2008 09/15/2008
NT 10-Q 08/12/2008 06/30/2008
10-Q/A 08/11/2008 03/31/2008
PRE 14A 08/05/2008 08/05/2008”

https://www.otcmarkets.com/stock/FERN/disclosure

“Form
type Form
description Filing
date



1-A POS
Form - 1-A POSOpen document FilingOpen filing 2022-10-07
253G3
Form - 253G3Open document FilingOpen filing 2022-04-11
QUALIF
Notice of Qualification [Regulation A]Open document FilingOpen filing 2022-03-31
CORRESP
CorrespondenceOpen document FilingOpen filing 2022-03-30
1-A/A
Offering Statement [Regulation A] - amendmentOpen document FilingOpen filing 2022-03-28
CORRESP
CorrespondenceOpen document FilingOpen filing 2022-03-22
1-A/A
Offering Statement [Regulation A] - amendmentOpen document FilingOpen filing 2022-03-22
UPLOAD
SEC-generated letterOpen document FilingOpen filing 2022-03-02
1-A/A
Offering Statement [Regulation A] - amendmentOpen document FilingOpen filing 2022-02-25
1-A/A
Offering Statement [Regulation A] - amendmentOpen document FilingOpen filing 2022-02-15
CORRESP
CorrespondenceOpen document FilingOpen filing 2022-02-14
CORRESP
CorrespondenceOpen document FilingOpen filing 2021-12-10
UPLOAD
SEC-generated letterOpen document FilingOpen filing 2021-12-06
1-A/A
Offering Statement [Regulation A] - amendmentOpen document FilingOpen filing 2021-11-22”

https://www.sec.gov/edgar/browse/?CIK=1880419&owner=exclude