Form S-1, which is the registration statement available for initial public offerings by U.S. domestic issuers and when such issuers are not eligible to use other forms. Form F-1, which requires a long form prospectus that includes SEC-prescribed material information about the FPI.
Is an S-1 public?
Form S-1 is an SEC filing used by companies planning on going public to register their securities with the U.S. Securities and Exchange Commission (SEC) as the "registration statement by the Securities Act of 1933". The S-1 form has an OMB approval number of 3234-0065 and the online form is only 8 pages long.
What is the difference between S-1 and S 3?
Form S-3 is a shorter registration form than Form S-1, which is used in an initial stock launch or IPO. Form S-3 can be used by a company one year after an IPO. The company already has securities registered in accordance with the Securities Exchange Act of 1934. They need to have at least $75 million in public float.
How long does it take to go public after filing S-1?
The IPO process is complex and the amount of time it takes depends on many factors. If the team managing the IPO is well organized, then it will typically take six to nine months for the company to complete its public debut.
What is an S-1 filing?
SEC Form S-1 is the initial registration form for new securities required by the SEC for public companies that are based in the U.S. Any security that meets the criteria must have an S-1 filing before shares can be listed on a national exchange, such as the New York Stock Exchange.
What is a resale S-1?
The Resale S-1 registers the potential resale of these Conversion Shares and was filed pursuant to a pre-existing contractual obligation under the purchase agreement for the Tranche I convertible notesconvertible notesIn finance, a convertible bond or convertible note or convertible debt (or a convertible debenture if it has a maturity of greater than 10 years) is a type of bond that the holder can convert into a specified number of shares of common stock in the issuing company or cash of equal value.https://en.wikipedia.org › wiki › Convertible_bondConvertible bond - Wikipedia.Oct 8, 2021
What does filing S-1 mean?
SEC Form S-1 is an SEC registration required for U.S. companies that want to be listed on a national exchange. It is basically a registration statement for a company that is usually filed in connection with an initial public offering.
How much does it cost to file an S-1?
On , the Securities and Exchange Commission (the “SEC”) announced that in its fiscal year 2020 the fees that public companies and other issuers pay to register their securities with the SEC will be set at $129.80 per million dollars.
What financial statements are required in an S-1?
- Balance Sheet. Audited, consolidated (if there are subsidiaries) balance sheets for the end of the two most recent years.
- Income Statement.
- Cash Flow Statement.
- Interim Reviewed Financial Statements.
What is included in an S-1 filing?
Form S-1 requires companies to provide information on the planned use of capital proceeds, detail the current business model and competition and provide a brief prospectus of the planned security itself, offering price methodology and any dilution that will occur to other listed securities.
What is an SEC Form S-1?
Required by the Securities and Exchange Commission (SEC), a Form S-1 is the initial registration that must be filed by a United States company in advance of an Initial Public Offering (IPO).