What is an 8-K event?

What is an 8-K event?

What is an 8-K? Form 8-K, also known as an 8K, is a form that is filed by public companies to notify their shareholders and the Securities and Exchange Commission (SEC) when an unscheduled material event takes place.

What events require an 8-K?

1 Registrant’s Business and Operations

  • Item 1.01 Entry into a material definitive agreement.
  • Item 1.02 Termination of a material definitive agreement.
  • Item 1.03 Bankruptcy or receivership.
  • Item 1.04 Mine safety: reporting of shutdowns and patterns of violations.
  • Item 2.01 Completion of acquisition or disposition of assets.

What happens if you file an 8-K late?

Form 8-K Filed Late, SEC Action: Late filing will likely result in administrative action. The severity of the penalties depend on the reason for filing late and when the report was eventually filed. Fines are typical. For severe cases, a company’s Exchange Act registration may be revoked.

What triggers Form 8-K?

item is triggered when the company enters into an agreement enforceable against the company, whether or not subject to conditions, under which the equity securities are to be sold. If there is no such agreement, the company should file the Form 8-K within four business days after the closing of the transaction.

What triggers an 8-K?

What is an 8k vs 10k?

10-K – the annual report that is filed (yearly) by a company. This is an extremely in-depth document that contains everything that you ever wanted to know about the company. 8-K – a form that is filed by companies to inform their shareholders of “unscheduled material events that are important to shareholders”.

What is a 10k in business?

A 10-K is a comprehensive report filed annually by public companies about their financial performance. The report is required by the U.S. Securities and Exchange Commission (SEC) and is far more detailed than the annual report. The 10-K is a useful tool for investors to make important decisions about their investments.

What triggers an 8k?