The U.S. Securities and Exchange Commission (SEC) has published revised Form 8-K relating to the notification of certain „material“ events to the Commission. Specifically, the revised form must be used for a variety of purposes, including reporting changes in control of the company, resignations of directors or officers, bankruptcy filings, and the entry into material agreements.
Form 8-K requires companies to disclose information promptly, within four business days of the occurrence of the reported event. The form includes a number of specific items that must be addressed, depending on the nature of the event being reported. For example, if the event relates to a change in control of the company, the company must disclose the identity of the acquiring person or group, the percentage of voting securities acquired, and the terms of the acquisition. The form includes detailed instruction for filing.
Form 8-K is an important tool for investors and other market participants to stay informed about material developments at publicly traded companies. It is one of several forms used by companies to comply with SEC reporting requirements, and is intended to promote transparency and accountability in the securities markets.
This latest revised form is valid through October 31, 2024, unless otherwise modified before following the approval of the Office of Management and Budget (OMB).