Replies to post #24487 on FBC Holding Inc (FBCD)

[floridaboy]

Meaning?....If I may

[loanranger]

The rule is that the 8-K reporting a material agreement must be "filed or furnished within 4 business days after occurrence of the event".
http://www.sec.gov/about/forms/form8-k.pdf

We are ASSUMING that the "event", which in this case would be the actual signing of the final Asset Purchase Agreement, occurred on the date that the press release was issued. To be considered "filed" on Tuesday the 8-K would have to be submitted by 5:30Eastern.
So yes, it could be filed after the market closes on Tuesday and still be considered filed on Tuesday if it is accepted into the SEC's Edgar system by 5:30Eastern.


The same rule would apply for the closing, if it did not occur on the same day. A filing would be required within 4 business days.