Who is eligible for Form S-3?
What is primary eligible? A company is primary eligible to use Form S-3 or Form F-3 to offer securities on its own behalf for cash on an unlimited basis if the aggregate market value of its voting and non-voting common equity held by non-affiliates (its “public float”) is at least $75 million.
What is an S-3 consent?
SEC Form S-3 is a regulatory filing that provides simplified reporting for issuers of registered securities. An S-3 filing is utilized when a company wishes to raise capital, usually as a secondary offering after an initial public offering has already occurred.
When can you use Form S-3?
Form S-3 allows incorporation by reference of certain required information about the company from documents filed by the company with the SEC under the Securities Act or the Exchange Act, including future filings. As a result, Form S-3 may be used to set up a shelf registration.
What is an f3 statement?
SEC Form F-3 is a regulatory form to register securities that is used by foreign private issuers who meet certain criteria. When applicable, this form, also known as the “Registration Statement”, must be filed with the Securities and Exchange Commission (SEC) in accordance with the Securities Act of 1933.
What is shelf stock?
What Is a Shelf Offering? A shelf offering is a Securities and Exchange Commission (SEC) provision that allows an equity issuer (such as a corporation) to register a new issue of securities without having to sell the entire issue at once.
What is a SEC Form S-3 used for?
Form S-3 is a simplified form for registering securities with the Securities and Exchange Commission (SEC). The form can be used by a company to register securities under the Securities Act of 1933, instead of using Form S-1.
How long is s3 valid?
three years
All automatic shelf registration statements expire after three years, regardless of the type of offering. Registrations of offerings on a continuous or delayed basis.
How long is Form S-3 effective?
Shelf registration statements generally only remain effective for three years. Assuming that an issuer is eligible to file a Form S-3, a baseline question in relation to whether an issuer desires to have an effective shelf registration statement is whether the issuer is a well-known seasoned issuer (WKSI).
How long is an F 3 Good For?
Three Year Limitation Once effective, any of the securities registered under a shelf registration statement may be offered and sold at any time when needed or when market conditions allow.
What is f3 ASR?
Form F-3ASR means a Registration Statement on Form F-3ASR promulgated by the Commission under the Securities Act or any substantially similar form then in effect. Form F-3ASR means the Company’s F-3 automatic shelf registration statement filed with the Commission.
What is an 8K used for?
An 8-K is a report of unscheduled material events or corporate changes at a company that could be of importance to the shareholders or the Securities and Exchange Commission (SEC).