Replies to post #12935 on Celsion Corporation (CLSN)

[Denise Chanterelle]

Uh, that's an excellent question. Any takers?

[Montana Wildhack]

Maybe a new partner. Hmmmmm. Interesting.

Companies would typically seek a CTO in order to keep information that would otherwise put it at a disadvantage, a secret. For example, a company may apply for such an order to keep information regarding a pricing arrangement made with a partner, secret, since competitors finding out this information may go after the partner with a more competitive price.

[gold1943]

CLSN Confidential Treatment Order


Definition of 'Confidential Treatment Order - CTO'
An order that provides confidential treatment for certain documents and information, that a company would otherwise have to file. A confidential treatment order (CTO) is issued by the Securities and Exchange Commission (SEC) and may only be in effect for a certain period of time, rather than indefinitely.


Companies would typically seek a CTO in order to keep information that would otherwise put it at a disadvantage, a secret. For example, a company may apply for such an order to keep information regarding a pricing arrangement made with a partner, secret, since competitors finding out this information may go after the partner with a more competitive price.

[Daniel Ocean]

Hate to burst your bubble, but usually they're nothing. CT Orders are usually just to keep bits and pieces of exhibits and things attached to and correlating with 8-K's, contracts, etc., that they don't want public; even if they have to disclose the document.

i.e. Me & you sign a clothing supply business contract, and you want to redact in the public document that you get your supplies from sweatshops in Korea. You'd file a CT order to redact an item like that.

Don't get me wrong, I hope it's something massive, but they're really usually nothing. Sorry.

Danny

[hardtogetnewalias]

say what?!: will not be released to the public for the time period specified: Exhibit 10.1 through January 17, 2023

what can this be