Exchange Act Form 10

Sections 12(a), 12(b), and 13 of the Securities Exchange Act of 1934 (the “Exchange Act”) help ensure that investors receive sufficient issuer-oriented information to make informed investment decisions. Section 12(a) prohibits any broker or dealer from trading a security on a national securities exchange unless the security is registered under the Exchange Act. With respect to a security being registered on a national securities exchange, Section 12(b) authorizes the Securities and Exchange Commission (the “Commission”) to require the issuer to disclose specific kinds of information, such as information about the issuer’s organization, financial structure, business, and securities. Section 13 requires every issuer of a security registered pursuant to Section 12 to file periodic and current reports with the Commission. Section 12(g) of the Exchange Act generally requires issuers that have total assets exceeding $10,000,000 and a class of equity security held of record by either 2,000 persons or 500 persons who are not accredited investors to register such equity security with the Commission. Form 10 (17 CFR 249.210) is the general form adopted by the Commission for the registration of securities pursuant to Section 12(b) or 12(g) of the Exchange Act. Form 10 requires financial information and other disclosures about matters such as the issuer’s business, properties, identity and remuneration of management, outstanding securities, securities to be registered, and financial condition. The information collected on Form 10 is intended to ensure that investors in a class of Section 12-registered securities have sufficient information regarding such securities and their issuer necessary to make informed investment and voting decisions.

The latest form for Exchange Act Form 10 expires 2029-01-31 and can be found here.