(DOWNLOAD) "Revisions to the Eligibility Requirements for Primary Securities Offerings on Forms S-3 and F-3 (US Securities and Exchange Commission Regulation) (SEC) (2018 Edition)" by The Law Library ~ Book PDF Kindle ePub Free
eBook details
- Title: Revisions to the Eligibility Requirements for Primary Securities Offerings on Forms S-3 and F-3 (US Securities and Exchange Commission Regulation) (SEC) (2018 Edition)
- Author : The Law Library
- Release Date : January 22, 2018
- Genre: Law,Books,Professional & Technical,
- Pages : * pages
- Size : 234 KB
Description
The Law Library presents the complete text of the Revisions to the Eligibility Requirements for Primary Securities Offerings on Forms S-3 and F-3 (US Securities and Exchange Commission Regulation) (SEC) (2018 Edition).
Updated as of May 29, 2018
We are adopting amendments to the eligibility requirements of Form S-3 and Form F-3 to allow certain domestic and foreign private issuers to conduct primary securities offerings on these forms without regard to the size of their public float or the rating of debt they are offering, so long as they satisfy the other eligibility conditions of the respective form, have a class of common equity securities listed and registered on a national securities exchange, and the issuers do not sell more than the equivalent of one-third of their public float in primary offerings over any period of 12 calendar months. The amendments are intended to allow more companies to benefit from the greater flexibility and efficiency in accessing the public securities markets afforded by Form S-3 and Form F-3 without compromising investor protection. The expanded form eligibility does not extend to shell companies, however, which are prohibited from using the new provisions until 12 calendar months after they cease being shell companies. In addition, we are adopting an amendment to the rules and regulations promulgated under the Securities Act to clarify that violations of the one-third restriction will also violate the requirements as to proper registration form, even though the registration statement has been declared effective previously.
This ebook contains:
- The complete text of the Revisions to the Eligibility Requirements for Primary Securities Offerings on Forms S-3 and F-3 (US Securities and Exchange Commission Regulation) (SEC) (2018 Edition)
- A dynamic table of content linking to each section
- A table of contents in introduction presenting a general overview of the structure