
THE ANTHONY L.G., PLLC ADVANTAGE
The superior going public legal team for privately held corporations seeking high end legal representation.
DTC Applications
Each DTC application is different and may have unforeseen issues or circumstances but on average a successful DTC will take 3-6 months. If a Doctor “Questionnaire” is required, the process may take an additional month or two.
Removals of DTC Chills
A "chill" restricts DTC's services, including limiting a DTC participant's ability to make a deposit or withdrawal of a chilled security. A chill may be imposed for a few days or an extended period until the issue is rectified.
Removals of DTC Freezes
A “DTC freeze” is the termination of all of DTC's services to an issuer. Like a chill, a freeze may last a few days or an extended period of time depending on the reason for the freeze.
Assistance with 15c2-11 Applications
SEC Rule 15c2-11 allows broker dealers to initiate or resume trading quotes on Over-the-Counter ("OTC") securities not listed on the NYSE or NASDAQ by filing Form 211 to the FINRA OTC Compliance Unit.
Foreign Annual Reports on Form 20-F
SEC Form 20-F is an annual report filing for non-U.S. and non-Canadian companies that have securities trading in the U.S. SEC Form 20-F helps standardize the reporting requirements of foreign-based companies.
Annual Reports on Form 10-K
The federal securities laws require publicly reporting companies to disclose information on an ongoing basis. For example, domestic companies must submit annual reports on Form 10-K.
Quarterly Reports on Form 10-Q
The federal securities laws require publicly reporting companies to disclose information on an ongoing basis. Domestic companies must submit quarterly reports on Form 10-Q.
Current Reports on Form 8-K
Form 8-K or a current report as its commonly referred to is the report that companies must file with the SEC to announce major events that shareholders should know about.
Registration Statements on Form 10
SEC Form 10, or the General Form for Registration of Securities, is a required regulatory filing for an entity that wishes to sell or issue securities. It is only required by companies with more than $10 million in assets and 750 shareholders or more, and voluntary if these thresholds are not met.
Proxy Statements on Schedule 14A
SEC Form DEF 14A, or the "definitive proxy statement," is a required filing when a shareholder vote is required.
Information Statements on Schedule 14C
Schedule 14C is a proxy statement that an attorney prepares when a public company holds its stockholders' annual meeting. It is required when the issuer holds special meetings to vote on corporate actions such as name changes and mergers.
Section 16 Insider Filings
Including Forms 3, 4, and 5 for officers, directors, and major shareholders, and Schedules 13D and 13G for other significant shareholders.
- Going Public
- Compliance
- Initial Public Offering
- Regulation A+
- Direct Public Offering
- Initial Coin Offering
- Reverse Mergers
- Joint Ventures
- Acquisitions
- Private Placements
- Public Shell Corporations
- OTC Markets
- NYSE Markets
- NASDAQ Markets
GOING PUBLIC TRANSACTION
In an initial public offering (IPO), a company goes public directly by filing an S-1 registration statement for the public sale of its stock. That sale of stock can be by the company using an underwriter, which is known as an IPO.
S1 REGULATIONS
Over the years the SEC has created and eliminated various registration forms. Currently all domestic issuers must use either form S-1 or S-3. Form S-3 is limited to larger filers with a minimum of $75 million in non-affiliate public float, among other requirements. All other issuers must use form S-1.
PRIVATE PLACEMENT
Another option for a company going public directly is to complete a private placement; selling shares to unaffiliated third parties and then filing an S-1 resale registration statement as to those shares.
LISTING ON EXCHANGE
There are currently registered stock exchanges in the United States, however, the most common exchanges for small cap and middle market companies are the NYSE including the NYSE American and NASDAQ.
FINRA & DTC
The company will need to engage the services of a market maker to file application with FINRA to obtain permission to quote and trade the stock and to receive a trading symbol. Anthony L.G. stays current with all DTC issuer requirements to assist clients.
REVERSE MERGER
The company will need to engage the services of a market maker to file application with FINRA to obtain permission to quote and trade the stock and to receive a trading symbol. Anthony L.G. stays current with all DTC issuer requirements to assist clients.