TravO
2 months ago
According to the Securities Exchange Act of 1934, Rule 12h-3 (b) 1(11) allows a reporting company to suspend its reporting obligations for a period of up to five years it it ceases to have any Securities and Exchange Commission (SEC) filing requirements. This rule applies to Arrayit Corporation or any other company that has previously registered under the Securities Exchange Act of 1934.
After the five-year period, the company must either resume its reporting obligations or terminate its registration. If the company decides to terminate its registration, it will no longer be required to file reports with the SEC.
For instance, even if the company is no longer required to file reports with the SEC, it may still be subject to certain disclosure requirements in various states where it conducts business or is incorporated.
Five years is upon us.
8/16/2019 signed.
8/19/2019 filed.
Not looking for arguments, just facts and if anyone knows more about this rule.