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12/14/19 2:11 PM

#2024851 RE: DewmBoom #2024849

$$$ EVCC update $$$$
DEFINITION of SEC Form 10-12G
SEC Form 10-12 G is a filing with the Securities and Exchange Commission (SEC), also known as the "Initial Form for General Registration of Securities." This form is required when a publicly traded corporation wishes to register a class of securities pursuant to Section 12(g) of the Securities Exchange Act of 1934. A company must file Form 10-12G if it has in excess of $10,000,000 in total assets and 750 or more shareholders on record. The form contains information about the number of shares issued, their par value, ownership information for key shareholders and executives, and specific information about the company's line of business. The form is more commonly known as "Form 10."


BREAKING DOWN SEC Form 10-12G
SEC Form 10-12G is less common than Form S-1 Registration Statement, which is usually used in connection with an Initial Public Offering of Securities. SEC Form 10-12G Registration Statement only registers shares; it does not create free trading shares. Unlike a Form S-1 filing, a Form 10-12G Registration Statement is automatically effective after 60 days. On a go-forward basis, filers of SEC Form 10-12G are required to periodically file Form 10-Q, Form 10-K and Form 8-K.

The Value of Form SEC 10-12G
SEC Form 10-12G is one of the starting points for anyone wishing to truly research a company's stock. Contained on this form is information that can provide key insights into a management team's long-term direction for a company and assessment of potential risks and opportunities in their industry. Of additional interest to many investors is the fact that SEC Form 10-12G contains a breakdown of shares owned by company officers, giving insight into possible conflicts of interest underlying different executives' decisions.