Form 8-K Flashcards
Within how many days are Form 8-K reports due to the SEC?
Within four business days after occurrence of the event
True or false.
Entry into a material definitive agreement is required to be disclosed on Form 8-K.
True
Item 1.01 requires a company to disclose material definitive agreements entered into that are not made in the ordinary course of business. It also requires a company to disclose a material amendment to an agreement. A material amendment to an agreement must be disclosed even if the company did not disclose the original agreement.
True or false.
Bankruptcy or receivership is required to be disclosed on Form 8-K.
True
If a receiver or similar agent has been appointed for the registrant in a bankruptcy proceeding, disclosure is required concerning the proceeding, the receiver, the court involved, and certain other matters. This item also requires disclosure of an order confirming a plan of reorganization, arrangement, or liquidation by a court or governmental authority.
True or false.
Completion of an acquisition or disposition of assets is required to be disclosed on Form 8-K.
Item 2.01 requires disclosures when a company has completed any acquisition or disposition of a significant amount of assets other than in the ordinary course of business. Disclosures would include the transaction date, a description of the assets, the nature and amount of consideration given or received for the assets, the parties involved and any relationships between them, and, where a material relationship exists between the parties to the agreement, the sources of funds used.
A shell company that files Form 8-K to disclose an acquisition that resulted in its ceasing to be a shell company must file the Form 8-K together with what?
Financial statements and pro forma financials within 4 business days of acquisition
