The 8-K Form is a very extensive form used to notify investors in US public companies about certain events that may be important to shareholders or the US Securities and Exchange Commission. This is one of the most common types of forms filed with the SEC. After important events such as the bankruptcy or departure of a CEO, a public company should generally submit a Current Report on Form 8-K within four working days to provide updates to quarterly reports previously submitted on Form 10-Q and/or Annual Report on Form 10 -K. The 8-K Form shall be filed by a public company with the SEC in accordance with the Securities Exchange Act of 1934, as amended.
Video Form 8-K
When Form 8-K is required
The 8-K form is used to inform investors about current events. These types of events include signing, altering or terminating a material definitive agreement not made in the ordinary course of business, bankruptcy or curator, mine closure or breach of health and safety law of the mine, the completion of the acquisition of material or sales assets, operating results and financial conditions, certain financial liabilities, such as the emergence of material debt, trigger events that accelerate material obligations (such as defaults on loans), costs associated with exit or disposal plans (layoffs, shut down factories or material changes in services or outlets), material damage, the stock exchange or failing to comply with the listing requirements, unregistered equity sale (personal placement), modifications to shareholder rights, changes to accountants, the determination of which previously issued unreliable financial statements on control changes, appointments and departure of senior officials, n directors and departure ures, amendments to certificates/articles of incorporation or by-laws, amendments to fiscal years, trade suspensions under employee benefits plans, amendments or relief of ethical codes, changes in the status of a shell company, shareholder vote results, applicable disclosures for the securities-backed securities issuers, disclosures required to comply with FD Rules, other material events, and certain financial statements and other exhibitions.
Investors should always read every 8-K submission made by the company in which they are invested. These reports are often material to the company, and often contain information that will affect the stock price.
Maps Form 8-K
Reading Form 8K
Usually the 8-K submission will only have two main parts: the name and description of the event and any relevant exhibits. The name and description of the event contain all information deemed relevant by the company to shareholders and the SEC. It is important to read this information, as it is considered "material" by the company. Any relevant exhibits may include financial statements, press releases, data tables, or other information referenced in the event description.
References
External links
- Form 8-K
Source of the article : Wikipedia
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