Thursday, August 08, 2024 9:42:46 AM
Details policy on beneficial shareholder reporting standards.
Also interesting verbiage: Astra Veda Corporation is on an ambitious path toward becoming an SEC Section 12(g) reporting company.
Under Section 12(g), a private company must register with the SEC if it has more than $10 million in assets and the number of its shareholders exceeds certain counts. The company faces registration requirements if it has either 2,000 or more shareholders of record or 500 or more who are not accredited investors.
I give my thoughts & opinions only - NEVER investment advice. People should do their own due diligence & make their investment decisions based on their own investment philosophy & financial capabilities.
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