What is a PIPE? A PIPE is the unregistered sale of securities to select investors. Usually accredited investors of the shares of a public entity. Shares sold in a PIPE may not be freely traded immediately after purchase. The shares sold in a PIPE may need to either be...
A corporation’s day-to-day operations are managed by the board of directors through their designees, the officers of the company. While the officers perform a significant amount of the day-to-day work, the directors provide advice concerning big-picture decisions....
A 10-Q is a report that publicly traded companies are required to file with the Securities and Exchange Commission on a quarterly basis. Similar to a 10-K but based on reviewed, not audited numbers and financials, this report provides insight to investors and...
If you are wondering, “do I need to file an 8-K?” the answer is most likely “yes.” When in doubt, file an 8-K. An 8-K is used for current reports under Section 13 or 15(d) of the Securities Exchange Act of 1934, and is filed in accordance with 17 CFR § 240.13a-11 or...
The Securities and Exchange Commission (SEC) requires public companies and broker-dealers to periodically file financial statements and various other disclosures. These regulatory documents are meant to provide information to investors, analysts, and regulators. These...
After you purchase shares of a public company, you might sell or transfer them at some point. Transferring shares is covered by Section 4 of the Securities Act of 1933. This statute provides two exemptions from registering with the Securities and Exchange Commission...
