Design/methodology/approach – The article describes a recent SEC enforcement action based on confidentiality provisions of a company agreement, highlights the provision that the SEC found to be a violation of
2017), the SEC’s Division of Corporation Finance stated that it would look to certain documentation describing a shareholder’s delegation of authority to a representative to submit a shareholder proposal. The amended rules codify this requirement. Specifically, if a shareholder ...
*The material in this report is not “soliciting material,” is not deemed “filed” with the SEC and is not to be incorporated by reference in any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof and...
Effective January 3, 2023, the amended Rules require electronic recordkeeping systems to meet either:Option A, SEC Rules 17a-4(f)(2)(i)(A) and 18a-6(e)(2)(i)(A): Preserve a record for the duration of its applicable retention period in a manner that maintains a complete time-...
Under the proposals, Form 8-K would be amended to add Item 1.05, which would require registrants to disclose information about a material cybersecurity incident within four business days. The trigger for disclosure would be the date on which the registrant determines...
a representation that the stockholder is a record holder of our common stock, or if the stockholder is not a record holder, evidence of ownership in accordance with Rule 14a-8(b)(2) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”); ...
The director, executive and employee are required to comply with the related laws and regulations, as well as the requirements of the Stock Exchange of Thailand, the SEC Office and other related supervisory authority. Besides, the Company will deliver the amended version of the Terms and Condition...
In addition, the Commission provides guidance to assist SPACs in assessing when they may meet the definition of an investment company under the Investment Company Act of 1940, as amended (Investment Company Act), and assist parties in determining statutory underwriter status under the Securities Ac...
On March 9, 2023, the Borrower and the Bank amended the Term Loan Agreement to replace the interest rate reference from LIBOR to the Secured Overnight Financing Rate ("SOFR") effective from September 29, 2023. The term loan will mature on June 30, 2024. The Borrower may prepay the term...
proceeding in advance of its final disposition upon delivery of an undertaking, by or on behalf of an indemnified person, to repay all amounts so advanced if it should be determined ultimately that such person is not entitled to be indemnified under our amended and restated by-laws or ...