Typically, an 8-K submission consists of only two main parts: the name and description of the event and all relevant exhibits. The name and description of the event will include any information that the Company contains that relates to shareholders and the SEC. It is important to read this information because it has been classified as “material” by the company. All relevant exposures may contain financial reports, press releases, data tables or other information referenced in the event description. The SEC requires disclosure of many changes to a registrant`s business and transactions. Changes to a major definitive agreement or the bankruptcy of a company must be declared. Other financial reporting requirements include the completion of an acquisition, changes in the Company`s financial position, divestiture activities and material impairments. The SEC requires the filing of an 8-K for delisting of a share, non-compliance with listing standards, unregistered sales of securities, and material changes to shareholder rights. The Securities and Exchange Commission requires all publicly traded companies in the U.S.
to regularly report certain events relevant to investors. These include the largest annual (10-K) and quarterly (10-Q) earnings reports. Listed companies must file an 8-K in the event of a significant event (other than those that occur regularly, such as.B. earnings) that are important to investors. What is a “material event”? There are many reasons why a company would file an 8-K, making it one of the most commonly filed required forms with the SEC. These key events can range from changes in corporate governance to acquisitions and an updated year-end. One way to keep pace with the companies in which you own shares is to review the forms they must file with the U.S. Securities and Exchange Commission. (Corporate filings can be found in the SEC`s EDGAR database.) An 8-K is a submission that companies use to connect large but irregular corporate events with the public. The form has many elements that investors need to be aware of. An 8-K is sometimes called a “current report” because it provides a snapshot of an important event and must be filed with the SEC within four business days of the event. (Compare that to a 10-K, which is often released months after the end of the fiscal year.) What to look for in 8-K deposits Here are many of the most important material events you can find in an 8-K, and what investors need to know about them.
You can see the SEC`s full overview on how to read an 8-K at Investor.gov. Documents that meet the requirements of the Fair Disclosure Regulations (Reg FD) may be due before four business days have been allowed. An organization must determine whether the information is material and submit the report to the SEC. The SEC provides the reports through the Electronic Data Gathering, Analysis and Retrieval (EDGAR) platform. Investors should always read all 8K filings submitted by the companies in which they invest. These reports are often important to the company and often contain information that affects the share price. Finally, Form 8-K provides a valuable record for economic researchers. For example, academics may wonder what impact different events have on stock prices. It is possible to estimate the impact of these events using regressions, but researchers need reliable data. Since 8-K disclosures are required by law, they provide a complete record and prevent bias in sample selection. An 8-K is a report of unforeseen significant events or corporate changes in a company that may be significant to shareholders or the Securities and Exchange Commission (SEC).
The report, also known as Form 8K, informs the public of events, including acquisitions, bankruptcy, resignation of directors, or changes in the fiscal year. .