ALL RIGHTS RESERVED. As with any other type of potential investment, if a promoter guarantees returns, if an opportunity sounds too good to be true, or if you are pressured to act quickly, please exercise extreme caution and be aware of the risk that your investment may be lost. Moreover, the Schedule 14C process is much less time-consuming, as the shareholder approval has already been obtained. First, the definition includes any direct or indirect communication an investment adviser makes that: (i) offers the investment advisers investment advisory services with regard to securities to prospective clients or private fund investors, or (ii) offers new investment advisory services with regard to securities to current clients or private fund investors. The quarterly report includes unaudited financial statements and information about the companys business and results for the previous three months and for the year to date. The guidance is not a rule, regulation or statement of the Commission and the Commission has neither approved nor disapproved this information. The required reports include an annual Form 10-K, quarterly Form 10Qs and current periodic Form 8-K as well as proxy reports and certain shareholder and affiliate reporting requirements. Attention is directed to Regulation S-K (17 CFR Part 229) for the requirements applicable to the content of the These sections have been marked with the date tag, Last updated: 10/30/2020, to identify the changes. WebSEC 870 (01-22) UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 That Regulation contains general requirements regarding the preparation and filing of the registration statement. Make sure you visit investor.gov for more resources before you invest. IPO Express (Issue 5) HKEX in Biotech (Jul 2021) Core Climate. Neither rule has been amended significantly since its adoption over forty years ago. Accordingly, when possible, companies prefer to utilize the Schedule 14C Information Statement as opposed to the Schedule 14A Proxy Solicitation. The Commission has adopted a compliance date that is 18 months after the effective date to give advisers a transition period to comply with the amendments. Updated for changes to GAAP adoption dates, guidance issued by the PCAOB, Division of Corporation Finance, and Office of Chief Accountant in the last few years. Changes that are administrative in nature (for example, section reference updates or grammatical improvements) are not marked with a date tag. The Star Online delivers economic news, stock, share prices, & personal finance advice from Malaysia and world. making anuntrue statement of a material fact, or omitting a material fact necessary to make the statement made, in light of the circumstances under which it was made, not misleading; making a material statement of fact that the adviser does not have a reasonable basis for believing it will be able to substantiate upon demand by the Commission; including information that would reasonably be likely to cause an untrue or misleading implication or inference to be drawn concerning a material fact relating to the adviser; discussing any potential benefits without providing fair and balanced treatment of any associated material risks or limitations; referencing specific investment advice provided by the adviser that is not presented in a fair and balanced manner; including or excluding performance results, or presenting performance time periods, in a manner that is not fair and balanced; and. While some ICOs may be attempts at honest investment opportunities, many may be frauds, separating you from your hard-earned money with promises of guaranteed returns and future fortunes. Sections of the Financial Reporting Manual have been updated as of October 30, 2020. There are multiple exemptions available for small businesses looking to raise capital from investors. A business may not offer or sell securities unless the offering has been registered with the SEC or falls within an exemption from registration. about tips. The final rule is designed to comprehensively and efficiently regulate investment advisers marketing communications. Want to print a copy of this Building Block? The Securities and Exchange Commission (SEC) has approved the planned P3.22 billion initial public offering (IPO) of Premiere Island Power REIT Corporation (PREIT), the power and infrastructure REIT platform of Villar-led Prime Asset Ventures, Inc. The Commission recognizes that this amended rule replaces an outdated and patchwork regime on which advisers have relied for decades. A Form 10-K includes the companys audited annual financial statements, a discussion of the companys business results, a summary of operations, a description of the overall business and its physical property, identification of any subsidiaries or affiliates, disclosure of the revenues contributed by major products or departments, and information on the number of shareholders, the management team and their salaries, and the interests of management and shareholders in certain transactions. Power Philippines is an independent online news publication that aims to provide the latest stories on the energy sector. Previous updates are marked using the same convention and represent the last revision to that section. If you choose to invest in these products, please ask questions and demand clear answers. The rule will eliminate the current rules requirement that the adviser obtain from each investor acknowledgements of receipt of the disclosures. The SEC also requires any person acquiring more than five percent of a voting class of a companys Section 12 registered equity securities directly or by tender offer to file a Schedule 13D. Rule 506(b) Private Placementsallow companies to raise unlimited capital from investors with whom the company has a relationship and who meet certain wealth thresholds or have certain professional credentials. 625 N. Flagler Drive, Ste, 600 West Palm Beach, FL 33401, Corporate and Securites Law Practice Areas, Five Benefits of Going Public by Reverse Merger with a Public Shell, Cryptocurrency Securities and Initial Coin Offerings (ICOs), Distributed Ledger Technology (Blockchain Technology), Smaller Reporting Companies (SRCs) and Emerging Growth Companies (EGCs), SEC Statutes, Rules, Regulations, and Schedules, Principal American Liaison and Designated Advisors for Disclosure. A smaller reporting company is an issuer that is not an investment company or asset-backed issuer or majority-owned subsidiary and that (i) had a public float of less than $75 million as of the last business day of its most recently completed second fiscal quarter; or (ii) in the case of an initial registration statement, had a public float of less than $75 million as of a date within days of the filing of the registration statement; or (iii) in the case of an issuer whose public float as calculated by (i) or (ii) is zero, had annual revenues of less than $75 million during the most recently completed fiscal year for which audited financial statements are available. What are my companys obligations after its initial public offering? Market participants should use caution when promoting or touting the offer and sale of coins without first determining whether the securities laws apply to those actions. Registered public offering is commonly used to describe an offer and sale of securities that has been registered under the Securities Act. What do I need to know about the filing review process? 6345 First-time Adopters that Previously Used U.S. GAAP for the Primary Financial Statements in SEC Filings; 6350 IFRS Filers Financial Statements of 3430 Other Changes in Capitalization At or Prior to Closing of IPO; 3440 Pro Forma Requirements for Real Estate and Leasing Operations; 3500 Projections and Financial If a platform offers trading of digital assets that are securities and operates as an "exchange," as defined by the federal securities laws, then the platform must register with the SEC as a national securities exchange or be exempt from registration. First, a new web-based format (see below) that is easy to access and navigate; and second, the traditional PDF format. The corporate finance landscape is perpetually changing and our attorneys adapt just as quickly. In the decades since the adoption of the current rules, advertising and referral practices have evolved. Reporting Requirements for Company Insiders On Tuesday, Dec. 22, 2020, the Commission announced it had finalized reforms to modernize rules that govern investment adviser advertisements and compensation to solicitors under the Investment Advisers Act of 1940. Changes in ownership are reported on Form 4 and must be reported to the SEC within two business days. The staff of the Division of Investment Management will withdraw no-action letters and other guidance addressing the application of the advertising and cash solicitation rules as those positions are either incorporated into the final rule or will no longer apply. WebGet the latest news and analysis in the stock market today, including national and world stock market news, business news, financial news and more ICOs that are securities most likely need to be registered with the SEC or fall under an exemption to registration. Contact us now. 6LinkedIn 8 Email Updates. Currently, the SECs guidance on climate-related disclosures is primarily contained in its 2010 interpretive release,7 which provides considerations within the context of existing SEC requirements. Insiders must file a Form 5 to report any transactions that should have been reported earlier on a Form 4 or were eligible for deferred reporting. Disclaimer: This Manual was originally prepared by the staff of the Division of Corporation Finance to serve as internal guidance. Even if your company has not issued securities under a registration statement declared effective by the SEC, it could still become a reporting company and be required to file a registration statement under Section 12 of the Exchange Act. Rule 504 Limited Offerings allow companies to raise up to $10 million in a 12-month period, in many cases from investors with whom the company has a relationship. This update does not include changes for three recent rulemakings, Financial Disclosures about Guarantors and Issuers of Guaranteed Securities and Affiliates Whose Securities Collateralize a Registrants Securities, Amendments to Financial Disclosures about Acquired and Disposed Businesses, and Qualifications of Accountants. replacing income statement with statement of comprehensive income throughout, only the Topics changed are cited. The amendments create a single rule that replaces the current advertising and cash solicitation rules. An extension of up to 15 calendar days is available for a Form 10-K as long as the extension notice on Form 12b-25 is filed no later than the next business day after the original filing deadline. Clarified that Rule 3-13 of Regulation S-X applies only to the financial statements included in a Form 8-K and not to the timely filing requirement of the Form itself. Although the SEC actively enforces securities laws, risks can be amplified, including the risk that market regulators may not be able to effectively pursue bad actors or recover funds. The marketing rule, amended books and records rule, and related Form ADV amendments, will be published on the Commissions website and in the Federal Register. The company recently secured a RE service contract for an offshore wind farm in Northern Mindoro. The quarterly report compares the companys performance in the current quarter and year to date to the same periods in the previous year. 1 Twitter 2 Facebook 3RSS 4YouTube How does my company file a registration statement or other reports? That is, the issuer, whether reporting or non-reporting, must satisfy the current public information requirements as set forth in Rule 144(c) at the time that each resale of securities is made in reliance on Rule 144. There are exceptions from the disclosure requirements for SEC-registered broker-dealers under certain circumstances. Alexandria Ocasio-Cortez, D-N.Y., had harsh words for Sen. Kyrsten Sinema after the Arizona senator changed her party affiliation from Democrat to Independent. In either case, a preliminary Schedule 14A or 14C is filed with the SEC, who then reviews and comments on the filing. We now provide access to the Divisions informal accounting guidance in the FRM in two formats. STAY CONNECTED They may also present substantial risks for loss or manipulation, including through hacking, with little recourse for victims after-the-fact. The reforms will allow advisers to provide investors with useful information as they choose among investment advisers and advisory services, subject to conditions that are reasonably designed to prevent fraud. This resource, like all staff statements, has no legal force or effect: it does not alter or amend applicable law, and it creates no new or additional obligations for any person. Second, the definition generally includes any endorsement or testimonial for which an adviser provides cash and non-cash compensation directly or indirectly (e.g., directed brokerage, awards or other prizes, and reduced advisory fees). 6120 Basic Rules (Last updated: 3/31/2009) 6120.1 Foreign private issuers are eligible to use Form 20-F and Forms F-1, F-3, and F-4 which provide certain financial statement and disclosure accommodations.. The firm was rated #1 in the categories "Platforms & Tools" (11 years in a row), "Desktop Trading Platform: thinkorswim" (10 years in a row), "Active Trading" (2 years in a row), "Options Trading," "Customer Service," and "Phone A list of the letters will be available on the Commissions website. Sep 6, 2022. Generally, the information requirements in Schedule 14C are less arduous those in a Schedule 14A in that they do not include lengthy material regarding what a shareholder must do to vote or approve a matter. Have suggestions on additional educational resources? 6LinkedIn 8 Email Updates, Fixed Income Market Structure Advisory Committee, Jumpstart Our Business Startups (JOBS) Act, Short and Long-Term Management of Public Companies, Small Business Capital Formation Advisory Committee, SEC Charges Three Individuals in Digital Asset Frauds, SEC Charges John McAfee With Fraudulently Touting ICOs, Unregistered ICO Issuer Agrees to Disable Tokens and Pay Penalty for Distribution to Harmed Investors, SEC Charges Film Producer, Rapper, and Others for Participation in Two Fraudulent ICOs, SEC Charges Issuer and CEO With Misrepresenting Platform Technology in Fraudulent ICO. Finally, the SEC can bring enforcement proceedings against late filers, including actions to deregister the securities. Frequently Asked Questions for Debt Issues to Professional Investors Only . WebTD Ameritrade was evaluated against 14 other online brokers in the 2022 StockBrokers.com Online Broker Review. Finally, the Commission adopted related amendments to the investment adviser registration form and the books and records rule. In connection with the marketing rule amendments and merger of the current advertising and cash solicitation rules, the Commission also adopted amendments to the books and records rule. Gatekeepers and others, including securities lawyers, accountants and consultants, should be guided by the principal motivation for the SECs registration, offering process and disclosure requirements: Investor protection and, in particular, the protection of Main Street investors. All smaller reporting companies are required to file an annual report with the SEC on Form 10-K within 90 days of end of its fiscal year. For reporting issuers, adequate current public information is deemed available if the issuer is, and has been for a period of at least 90 days immediately before the sale, subject to the Exchange Act reporting requirements and has filed all required reports, other than Form 8-K, and has submitted electronically and posted on its website, if any, all XBRL data require to be submitted and posted. Arm yourself with knowledge from this Investor Bulletin. Additional disclosures are required regarding compensation and conflicts of interest. In a report by the Philippine Star, Alternergy said that it will be offering up to 1.3b billion common shares priced at up to Php 1.48 billion. Regulation A Offerings (sometimes called a mini-IPO) allow eligible companies to raise up to $20 million in a 12-month period in a Tier 1 offering and up to $75 million in a 12-month period in a Tier 2 offering through a process similar to, but less extensive than, a registered offering. The company has 67.24 megawatts (MW) of operating assets in wind and solar power, and a potential installed capacity of up to 1,368 MW. A DPO is similar to an initial public offering (IPO) in that securities, such as stock or debt, are sold to investors.But unlike an IPO, a company uses a DPO to raise capital directly and without a "firm underwriting" from an investment banking firm or broker-dealer.A DPO may have a sponsoring FINRA broker, but the broker does not guarantee Many states limit the offering to between $1 million to $5 million in a 12-month period. An extension of up to 5 calendar days is available for a Form 10-Q as long as the extension notice on Form 12b-25 is filed no later than the next business day after the original filing deadline. Published. Under the federal securities laws, a company may not offer or sell securities to investors without registration with the SEC.However, there are a number of registration exemptions which ultimately expand the universe of potential investors. Rule 144(c) requires that adequate current public information with respect to the company must be available. This will be used for the development and construction of Alternergys projects under development, payment of debt following the acquisition of the Kirahon Solar Energy Corp., pre-development expenses for upcoming projects, and general corporate requirements. Compare key indexes, including Nasdaq Composite, Nasdaq-100, Dow Jones Industrial & more. Find the latest stock market news from every corner of the globe at Reuters.com, your online source for breaking international market and finance news Revised to include another example of when a To Be Issued Accountants Report may be accepted. Clarified audit requirements for a special-purpose acquisition company (SPAC) registrants non-reporting target in Form S-4/Form F-4. Going public typically refers to when a company undertakes its initial public offering, or IPO, by selling shares of stock to the public, usually to raise additional capital.Going public is a significant step for any company and you should consider the reasons companies decide to go public.After its IPO, the company will be subject to Stock Broker Reports. Definition of Advertisement. Reports filed with the SEC can be viewed by the public on the SEC EDGAR website. An issuer that is late or has failed to maintain its Reporting Requirements is disqualified from use of Form S-3, which is needed to conduct at the market direct public offerings, shelf registrations and types of registered securities. FOR IMMEDIATE RELEASE 2020-338 Washington D.C., Dec. 22, 2020 "The registration requirements are designed to ensure that potential investors including, importantly, retail investors receive important information Net proceeds from the IPO are seen to reach up to Php 1.62 billion. The staff of the Division of Investment Management also expects to withdraw no-action letters and other guidance addressing the application of the advertising and cash solicitation rules. Late filings carry severe consequences to small business issuers. SEC Charges Ripple and Two Executives with Conducting $1.3 Billion Unregistered Securities Offering. WebFind the latest stock market trends and activity today. Alternergy Holdings Corp., founded by former Energy Secretary Vicente Perez, is pushing forward with a P2.2-billion initial public offering despite challenging market conditions. Our corporate and securities law firm is constantly evolving in order to stay abreast of regulatory changes and trends in the industry. STAY CONNECTED Investors and financial professionals rely on these filings for information about companies they are evaluating for Alternergy is a renewable energy holding company led by former Energy secretary Vince Perez. Your invested funds may quickly travel overseas without your knowledge. 2022 ANTHONY L.G., PLLC . The rule replaces the current advertising rules broadly drawn limitations with principles-based provisions designed to accommodate the continual evolution and interplay of technology and advice, and includes tailored requirements for certain types of advertisements. In order to assist advisers with planning for compliance with this new rule, we encourage advisers to actively engage with Commission staff as questions arise in planning for implementation. Listing Newsletters. This comprehensive framework for regulating advisers marketing communications recognizes the increasing use of electronic media and mobile communications and will serve to improve the quality of information available to investors. 1 Twitter 2 Facebook 3RSS 4YouTube Regulation Crowdfunding Offerings allow eligible companies to raise up to $5 million in investment capital in a 12-month period from investors online via a registered funding portal. The Commission has neither approved nor disapproved its content. WebA public company with a class of securities registered under either Section 12 or which is subject to Section 15(d) of the Securities Exchange Act of 1934, as amended (Exchange Act) must file reports with the SEC (Reporting Requirements).The underlying basis of the Reporting Requirements is to keep shareholders and the markets informed on a regular WebMalaysia business and financial market news. As with the proxy solicitation materials filed in Schedule 14A, a Schedule 14C Information Statement must be filed in advance of final mailing to the shareholder and is reviewed by the SEC to ensure that all important facts are disclosed. Initial public offerings (IPOs)provide an initial pathway for companies to raise unlimited capital from the general public through a registered offering. Start with some basic research on Investor.gov and take note of the following: Recognize that these products are often sold on markets that span national borders and that significant trading may occur on systems and platforms outside the United States. Going public is a significant step for any company and you should consider the reasons companies decide to go public. Many exemptions require that the investment offering be made only to persons who are accredited Net proceeds from the IPO are seen to reach up to Php 1.62 billion. The amendments to Rule 206(4)-1 will replace the broadly drawn limitations and prescriptive or duplicative elements in the current rules with more principles-based provisions, as described below. WebAn initial public offering, or IPO, generally refers to when a company first sells its shares to the public. 1 Twitter 2 Facebook 3RSS 4YouTube To deregister and suspend Reporting Requirements, an eligible issuer can file a Form 15. predecessor performance, unless there is appropriate similarity with regard to the personnel and accounts at the predecessor adviser and the personnel and accounts at the advertising adviser. This will be used for the development and construction of Alternergys projects under development, payment of debt following the acquisition of the Kirahon Solar Energy Corp., pre-development expenses for upcoming projects, and general corporate requirements. Due to the volume of these revisions, e.g. Oct. 14, 2022. Advertisements that include third-party ratings will be required to include specific disclosures to prevent them from being misleading. You may click on the embedded link in the document to return to this page. WebGet the latest IPO information from India Stock Market. Guidance. Intrastate Offerings allow companies to raisecapital within a single state according to state law. In addition, companies that file a Form S-1 registration statement under the Securities Act of 1933, as amended (Securities Act) become subject to Reporting Requirement; however, such obligation becomes voluntary in any fiscal year at the beginning of which the company has fewer 300 shareholders. Welcome to the Division of Corporation Finances Financial Reporting Manual (FRM). As a result, some of the information in this manual may not be up to date. Below is a summary of changes included in this update and a brief description of the change. Read stock broker reviews, compare brokers and find the best trading platform. including information that is otherwise materially misleading. Such conclusions about a particular transaction are very fact dependent and require careful analysis of the transaction and of the relevant authoritative accounting literature and Commission requirements. The final rule is designed to comprehensively and efficiently regulate advisers marketing communications. Under the Exchange Act, parties who will own more than five percent of a class of the companys securities after making a tender offer for securities registered under the Exchange Act must file a Schedule TO with the SEC. Offerings conducted pursuant to an exemption from registration are often referred to as exempt offerings. A company becomes subject to the Reporting Requirements by filing an Exchange Act Section 12 registration statement on either Form 10 or Form 8-A. Porsche IPO Puts Founding Family in the Driver's Seat. Similarly, those who operate systems and platforms that effect or facilitate transactions in these products should be aware that they may be operating unregistered exchanges or broker-dealers that are in violation of the Securities Exchange Act of 1934. WebThe SECs focus on Main Street investors reflects the fact that American households own $38 trillion worth of equities more than 59 percent of the U.S. equity market either directly or indirectly through mutual funds, retirement accounts and other investments. 2022 tpm media llc. The Securities and Exchange Commission today announced it had finalized reforms under the Investment Advisers Act to modernize rules that govern investment adviser advertisements and payments to solicitors. If you decide to conducta registered public offering, the Securities Act requires your company to file a registration statement with the SEC before it may offer its securities for sale. ICOs, or more specifically tokens, can be called a variety of names, but merely calling a token a utility token or structuring it to provide some utility does not prevent the token from being a security. Registered Offerings allow companies to raise unlimited capital through initial public offerings or secondary offerings using a registration statement filed with the SEC. Quarterly Reports on Form 10-Q. In 2008, in an effort to increase transparency of informal staff interpretations, the Division posted a version of the Manual to its website. Revised for amendments related to SEC Release No. Following are the reports that generally make up a public companys Reporting Requirements and which are applicable to smaller reporting companies. The Security and Exchange Commission (SEC) has approved the initial public offering (IPO) of Alternergy Holdings Corp. for up to Php 1.89 billion. 1 Twitter 2 Facebook 3RSS 4YouTube A business may not offer or sell securities unless the offering has been registered with the SEC or falls within an exemption from registration. gross performance, unless the advertisement also presents net performance; any performance results, unless they are provided for specific time periods in most circumstances; any statement that the Commission has approved or reviewed any calculation or presentation of performance results; performance results from fewer than all portfolios with substantially similar investment policies, objectives, and strategies as those being offered in the advertisement, with limited exceptions; performance results of a subset of investments extracted from a portfolio, unless the advertisement provides, or offers to provide promptly, the performance results of the total portfolio; hypothetical performance (which does not include performance generated by interactive analysis tools), unless the adviser adopts and implements policies and procedures reasonably designed to ensure that the performance is relevant to the likely financial situation and investment objectives of the intended audience and the adviser provides certain information underlying the hypothetical performance; and. Email smallbusiness@sec.gov. No extension is available for an 8-K. Companies file this report with the SEC to announce major or extraordinary events that shareholders should know about, including entry into material agreements; mergers and acquisitions; change in control; changes in auditors; the issuance of unregistered securities; amendments in company articles or bylaws; company name changes; issues with reliance on previously issued financial statements; changes in officer or directors; bankruptcy proceedings; change in shell status regulation F-D disclosures and voluntary disclosures (voluntary disclosures have no filing deadline). System requirements: The Commission has also made related amendments to Form ADV, the investment adviser registration form, and Rule 204-2, the books and records rule. Additional resources for small businesses considering going public, Jumpstart our Business Startups (JOBS) Act, STAY CONNECTED Described the impact a substantial deficiency situation may have on timely filed criteria in certain rule and form eligibility standards. Investing in an IPO. After its IPO, the company will be subject to public reporting requirements. If a form must be filed, it is due 45 days after the end of the companys fiscal year. The new rule provides for an extended compliance period intended to provide advisers with a sufficient transition period, including to enable consultation with the Commissions expert staff.. Webcsdnit,1999,,it. Revised for amendments to Smaller Reporting Company definition pursuant to SEC Release No. It is not a rule, regulation, or statement of the Securities and Exchange Commission (Commission). 6LinkedIn 8 Email Updates. Clarified Rule 3-09 of Regulation S-X income test calculation when there is more than one equity method investee. The current public information requirement is measured at the time of each sale of securities. The disclosure information filed with the SEC and ultimately provided to the shareholders is enumerated in SEC Schedules 14A. 34-88365. Index News Dec 7, 2022 - 5:15 PM; IHS Markit Benchmark Administration Limited Consultation on USD LIBOR Transition for Danish Government Bond Index Hedged into USD and Danish Callable Mortgage Bond Index Hedged into USD Results IHS Markit Benchmark Companies and individuals are increasingly considering initial coin offerings (ICOs) as a way to raise capital or participate in investment opportunities. 6LinkedIn 8 Email Updates, Financial Statements and Schedules in Registration and Proxy Statements, Unaudited Interim Period Financial Statements, Bank Reorganizing under Newly-formed Holding Company, Supplemental and Restated Financial Statements Related to Post - Balance Sheet Events, Age of Financial Statements in Registration or Proxy Statements, Periodic Reporting Requirements (Exchange Act Filings), Accelerated and Large Accelerated Filer Status: Entering, Exiting and Implications, Changes in Fiscal Year Implementation Guidance, Interim Period Reporting Considerations (All Filings), Selected Quarterly Financial Data Not Required, Implementation Points Amounts Used to Measure Significance, Implementation Points Financial Statements Used to Measure Significance, Financial Statement Periods Required Under S-X 3-05 and S-X 8-04, Age of Financial Statements Interaction of S-X 3-05(b)(4) and Instruction to Item 9.01 of Form 8-K, Foreign Business, Hostile Tender Offers, and Troubled Financial Institutions, Acquisitions of Selected Parts of an Entity, SAB 80: Application of S-X 3-05 in Initial Registration Statements, Form 8-K Measuring Significance of a Disposed Business, Financial Statements of Target Companies in Form S-4, Real Estate Acquisitions and Properties Securing Mortgages, Real Estate Operations When to Present Financial Statements, Real Estate Operations Measuring Significance, Real Estate Operations Individually Insignificant Acquisitions, Real Estate Operations Special Requirements for Blind Pool Offerings, Real Estate Operations Required Financial Statements, Properties Securing Loans, which in Economic Substance Represent an Investment in Real Estate, including Acquisition Development and Construction (ADC) Arrangements, Properties Securing Loans that Represent an Asset Concentration [SAB Topic 1I], Proxy Statements for Acquisitions of Real Estate Operating Properties, Equity Method Investments, Including Fair Value Option, Combined/Consolidated Financial Statements of Investees, Summarized Financial Data Registrants Subject to S-X, ASC 825 Fair Value Option for an Equity Method Investment and S-X 3-09 and S-X 4-08(g), Condensed Consolidating Financial Information, Periodic Reporting by Subsidiary Issuers and Guarantors, Measuring Substantial Portion of the Collateral, Credit Third Party Financial Statements, Asset-Backed Securities Presentation of Certain Third Party Financial Information, Third Party Credit Enhancements for Securities that are NOT Asset-backed Securities, General Partner, Where Registrant is a Limited Partnership, Parent-Only Financial Statements (Condensed), Financial Statements of a Significant Customer, Circumstances Requiring Pro Forma Presentations, Disposition of a Significant Portion of a Business, Acquisition of One or More Real Estate Operations, Registrant Previously was Part of Another Entity, Preparation Requirements Form and Content, Pro Forma Condensed Statement of Comprehensive Income, Pro Forma Presentations Reflecting Debt Financing, Prohibition on Assuming Offering Proceeds, Combining Entities with Different Fiscal Years, Historical Results Include Unusual Events, Sub-Chapter S Corporations and Partnerships, Distributions to Promoters/Owners At or Prior to Closing of IPO, Other Changes in Capitalization At or Prior to Closing of IPO, Pro Forma Requirements for Real Estate and Leasing Operations, Duly Registered and in Good Standing Under the Laws of the Accountants Place of Residence or Principal Office, Report on Internal Control over Financial Reporting, Managements Annual Report on Internal Control over Financial Reporting, Review Reports on Interim or Pro Forma Data, Unusual Issues Involving Changes in Accountants, Non-Reliance on Previously Issued Financial Statements or Related Audit Report or Completed Interim Review, Non-Reliance on Previously Issued Financial Statements, Non-Reliance on Previously Issued Audit Report or Completed Interim Review, Other Prior Disclosures Regarding Disclosure Controls and Procedures, Contingent Upon Future Event or Transaction, Contingent Upon Future Underwriting Agreement, Accountants Inability to Reissue Reports, Eligibility as a Smaller Reporting Company, Financial Statements Required Pursuant to S-X 3-05 or 3-09, Form and Content Disclosure Required by Regulation S-X are Not Applicable, General Financial Statement Requirements for Foreign Private Issuers, Periods for which Financial Statements are Required, Age of Financial Statements in a Registration Statement, Updating of Financial Statements in Delayed or Continuous Offerings, Due Dates for Annual Reports on Form 20-F, Acceptance of IFRS as Issued by the IASB without Reconciliation to U.S. GAAP, Interim Financial Statements Presented by IFRS Filers, First-time Adopters that Previously Used U.S. GAAP for the Primary Financial Statements in SEC Filings, IFRS Filers Financial Statements of Other Entities, IFRS Filers Article 11 Pro Forma Information, Requirement for Reconciliation to U.S. GAAP, Disclosures, if the U.S. Dollar is Not the Reporting Currency, Reporting Currency for Domestic Registrants and Non-Foreign Private Issuers, Price-Level Adjusted Financial Statements and Effects of Hyperinflationary Environments, Preparation of Price-level Adjusted Financial Statements, Disclosure of Change in Accountants and Disagreements, Expenses Incurred on Behalf of Registrant, Transfers and Receivables to or from Shareholders, Distributions to or from Major Shareholders Prior to Offering, Statements of Revenues and Direct Expenses, Pro Forma Financial Statement Requirements, Valuation of Privately-Held-Company Equity Securities Issued as Compensation, Definition of a Non-GAAP Financial Measure, General Applicability and Requirements of Regulation G and S-K 10(e), General Application of Regulation G and S-K 10 to Foreign Private Issuers, Presentation of Net Tangible Book Value per Share, Tabular Disclosure of Contractual Obligations, Additional Guidance Provided in Respect of MD&A, Accounting Standards Transition Period Accommodation, Internal Control Over Financial Reporting [SOX 404] Accommodation, Number of Years Registrant Financial Statements to be Presented under IFRS, Multi-Jurisdictional Disclosure System (MJDS), New Revenue Standard (FASB ASC Topic 606), Financial Statements of Other Entities and Significance, New Leasing Standard (FASB ASC Topic 842), New Disclosures About Short-Duration Contracts For Insurance Entities (FASB ASC Topic 944), Registration and Proxy Statements for Mergers, Acquisitions and Similar Transactions, Change in the Reporting Entity or a Business Combination Accounted for in a Manner Similar to a Pooling of Interests, Financial Statement Requirements in Registration Statements Pursuant to Retrospective Adjustments to Provisional Amounts in a Business Combination, Cash Offer Financial Statement Requirements, Financial Statement Requirements of Schedule TO, Financial Statement Requirements of Schedule 13E-3, Item 1010 of Regulation M-A: Financial Statements, Filing Requirements of Form S-8 and Form 11-K, Employee Benefit Plan a Separate Registrant, Exchange Act Age of Financial Statements Requirements, MJDS Offerings Eligibility Requirements, Offerings of Investment Grade Non-Convertible Debt or Preferred Securities, Registration and Periodic Reporting under the Exchange Act, Fiscal Years Differing by 93 Days or Less, Gains/Losses on Sales or Disposals by Real Estate Investment Trusts, SFAS 159 [ASC 825] Fair Value Option for an Equity Method Investment and S-X 3-09 and S-X 4-08(g), Other Financial Statements May Be Required, Accounting and Financial Reporting Guidance, Compliance and Disclosure Interpretations, No-Action, Interpretive and Exemptive Letters, Communications with the Division of Corporation Finances Office of Chief Accountant (CF-OCA), Foreign Private Issuers & Foreign Businesses, Non-GAAP Measures of Financial Performance, Liquidity and Net Worth, Management's Discussion and Analysis of Financial Position and Results of Operations (MD&A), Reporting Issues Related to Adoption of New Accounting Standards, Reverse Acquisitions and Reverse Recapitalizations, Effects of Subsequent Events on Financial Statements Required in Filings, Reporting Issues Relates to Adoption of New Accounting Standards. 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