News Focus
News Focus
Followers 6
Posts 637
Boards Moderated 0
Alias Born 02/06/2025

Re: Ribo post# 20833

Saturday, 08/02/2025 7:36:44 PM

Saturday, August 02, 2025 7:36:44 PM

Post# of 26109
Form 10 Filing Progress
RITE has now completed two rounds of responses to SEC Staff comments on its Form 10 registration statement and is currently preparing its response to the third comment letter received from the SEC Staff. 

 ☝🏾Per the CEO

I believe you’re misinterpreting the rule. You’re quoting real SEC guidance, but leaving out one critical nuance:
The 60-day clock restarts when a material amendment is filed.

What the SEC actually means by “60 days after the filing date”:

Yes, the Form 10 automatically goes effective 60 days after filing, but only if there are no substantive amendments filed during that window.
I believe you’re treating the “initial filing date” as locked in as if amendments don’t matter, which is incorrect. 
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent RITE News