*Wall $treet Investors*

[Kharie]

from what I read on that rule that issuers must give finra 10 days prior to the effective date of whatever action is being issued. So I am thinking probably tomorrow or thursday??


FINRA Rule 6490 (Processing of Company-Related Actions) codifies the requirements in
SEA Rule 10b-17 for issuers of a class of publicly trading securities to provide timely
notice to FINRA of certain corporate actions (e.g., dividend or other distribution of cash
or securities, stock split or reverse split, rights or subscription offering). Generally
pursuant to SEA Rule 10b-17, issuers must notify FINRA at least 10 days prior to the
record date for such corporate action. Issuers must also notify FINRA of certain other
corporate actions (e.g., the issuance of or change of trading symbols, mergers,
bankruptcy) no later than 10 days prior to the effective date of the company action.
Issuers must complete the required forms and pay the applicable fees within such time
periods or they will be subject to late fees and delayed processing of documents to
announce corporate actions.