Slippery Seafood recently registered 180,000 shares of stock under SEC Rule 415. The company plans to sell 100,000 shares this year and the remaining 80,000 shares next year. What type of registration was this?
Multiple Choice
Standby registration
Shelf registration
Regulation A registration
Regulation Q registration
Private placement registration
Answer) Shelf registration
Reason: "Shelf Registration is method under which companies can register new stock offering without issuing them immediately. Company has option to issue securities any time within two years period".
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Slippery Seafood recently registered 180,000 shares of stock under SEC Rule 415. The company plans to...
Pearson Electric recently registered 180,000 shares of stock under SEC Rule 415. The company plans to sell 100,000 shares this year and the remaining 80,000 shares next year. What type of registration was this?
QUESTION 1 (IFRS 10, IAS 28) (20) Invincible Ltd, a company registered in Namibia, is at the early stages of producing group financial statements. The company’s first Audit Committee meeting to discuss the financial statements is scheduled for in a few weeks’ time and you have been asked to prepare a paper for presentation at the meeting to discuss the appropriate basis for accounting for entities mention below: Waka Ltd: Waka ltd.’s relevant activities are directed by ordinary shareholders votes....
QUESTION 1 (IFRS 10, IAS 28) (20) Invincible Ltd, a company registered in Namibia, is at the early stages of producing group financial statements. The company’s first Audit Committee meeting to discuss the financial statements is scheduled for in a few weeks’ time and you have been asked to prepare a paper for presentation at the meeting to discuss the appropriate basis for accounting for entities mention below: Waka Ltd: Waka ltd.’s relevant activities are directed by ordinary shareholders votes....