Here's the Sec rule in part as it applies to shells reporting within 4 days ..........The SEC has also added new Item 5.06 to Form 8-K to require shell companies (other than business combination-related shell companies) to report transactions that cause them to cease being shell companies The report is required to be filed within four business days after completion of the transaction. Further, the extension of time that otherwise may be permitted to file financial statements and pro forma financial information reflecting the new financial profile of the company following completion of a significant acquisition is eliminated for shell companies. There are similar reporting requirements for foreign private issuers on Form 20-F.
Finally, the SEC has added a check box to Form 10-Q, Form 10-QSB, Form 10-K, Form 10-KSB and Form 20-F to allow market participants and regulators to identify shell companies more easily.
..................does the checkbox indicate a completion of a transaction ...if so where's the 8k?