Notice2024-29024
Submission for OMB Review; Comment Request; Extension: Form 1-K
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
December 11, 2024
Issuing agencies
Securities and Exchange Commission
Full Text
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<title>Federal Register, Volume 89 Issue 238 (Wednesday, December 11, 2024)</title>
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[Federal Register Volume 89, Number 238 (Wednesday, December 11, 2024)]
[Notices]
[Page 99923]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-29024]
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SECURITIES AND EXCHANGE COMMISSION
[SEC File No. 270-662, OMB Control No. 3235-0720]
Submission for OMB Review; Comment Request; Extension: Form 1-K
Upon Written Request Copies Available From: Securities and Exchange
Commission, Office of FOIA Services, 100 F Street NE, Washington, DC
20549-2736
Notice is hereby given that, pursuant to the Paperwork Reduction
Act of 1995 (44 U.S.C. 3501 et seq.), the Securities and Exchange
Commission (``Commission'') has submitted to the Office of Management
and Budget this request for extension of the previously approved
collection of information discussed below.
Form 1-K (17 CFR 239.91) is used to file annual reports by Tier 2
issuers under Regulation A, an exemption from registration under the
Securities Act of 1933 (15 U.S.C. 77a et seq.). Tier 2 issuers under
Regulation A conducting offerings of up to $50 million within a 12-
month period are required to file Form 1-K. Form 1-K provides audited
year-end financial statements and information about the issuer's
business operation, ownership, management, liquidity, capital resources
and operations on an annual basis. In addition, Part I of the Form 1-K
collects information on any offerings under Regulation A that have been
terminated or completed unless it has been previous reported on Form 1-
Z. The purpose of the Form 1-K is to better inform the public about
companies that have conducted Tier 2 offerings under Regulation A. We
estimate that approximately 353 issuers file Form 1-K annually. We
estimate that Form 1-K takes approximately 600 hours to prepare. We
estimate that 75% of the 600 hours per response (450 hours) is prepared
by the company for a total annual burden of 158,850 hours (450 hours
per response x 353 responses).
An agency may not conduct or sponsor, and a person is not required
to respond to, a collection of information unless it displays a
currently valid control number.
Public Comment Instructions: The 30-day public comment period for
this information collection request opens on December 12, 2024 and
closes at the end of the day on January 13, 2025. The public may view
the full information request and submit comments at <a href="https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202412-3235-004">https://www.reginfo.gov/public/do/PRAViewICR?ref_nbr=202412-3235-004</a> or email
comments to <a href="/cdn-cgi/l/email-protection#662b243e48292b2448292f342748352325390203150d390900000f05031426090b044803091648010910"><span class="__cf_email__" data-cfemail="1b56594335545659355452495a35485e58447f7e687044747d7d72787e695b747679357e746b357c746d">[email protected]</span></a>.
Dated: December 5, 2024.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2024-29024 Filed 12-10-24; 8:45 am]
BILLING CODE 8011-01-P
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