company data maintenance form sec

Property Dividend Declaration. Do not use this form if your application has not yet registered; otherwise, a different TEAS response form would be appropriate. Part I, which is also called the prospectus, is a legal document that requires information on the following: business operations, the use of proceeds, total proceeds, the price per share, a description of management, financial condition, the percentage of the business being sold by individual holders and information on the underwriters. You may file this declaration within one year after the expiration of either any five-year period of continuous use following registration, or any five-year period of continuous use after publication under section 12 c. However, to avoid cancellation you must file an affidavit of use or excusable nonuse within the sixth year after publication of the notice of the Section 12 c claim in the Official Gazette, or within the six-month grace period after expiration of the sixth year, and also within one year before the end of each successive ten-year period following the date of registration, or within the six-month grace period thereafter.

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