Notice2025-23899

Agency Information Collection Activities; Proposed Collection; Comment Request; Extension: Form S-4-Registration Statement

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Published
December 29, 2025

Issuing agencies

Securities and Exchange Commission

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<title>Federal Register, Volume 90 Issue 245 (Monday, December 29, 2025)</title>
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[Federal Register Volume 90, Number 245 (Monday, December 29, 2025)]
[Notices]
[Page 60788]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2025-23899]



[[Page 60788]]

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SECURITIES AND EXCHANGE COMMISSION

[OMB Control No. 3235-0324]


Agency Information Collection Activities; Proposed Collection; 
Comment Request; Extension: Form S-4--Registration Statement

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'') is soliciting comments on the collection of 
information summarized below. The Commission plans to submit this 
existing collection of information to the Office of Management and 
Budget for extension and approval.
    Form S-4 (17 CFR 239.25) is the form used for registration under 
the Securities Act of 1933 (15 U.S.C. 77a et seq.) of securities issued 
in business combinations transactions. The information collected is 
intended to ensure the adequacy of information available to investors 
in connection with business combination transactions. We estimate that 
Form S-4 takes approximately 3,816.24 hours per response to prepare and 
is filed once per year by approximately 228 issuers annually. We 
estimate that 25% of the 3,816.24 hours per response is carried 
internally by the issuer for an annual reporting burden of 
approximately 217,526 hours (3,816.24 hours per response x 25% x 228 
responses annually). We estimate that 75% of the 3,816.24 hours per 
response is carried externally by outside professionals retained by the 
issuer at an estimated rate of $600 per hour for a total annual cost 
burden of approximately $391,546,224 (3,816.244 hours per response x 
75% x $600 per hour x 228 responses annually).
    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 OMB control number.
    Written comments are invited on: (a) whether this proposed 
collection of information is necessary for the proper performance of 
the functions of the agency, including whether the information will 
have practical utility; (b) the accuracy of the agency's estimate of 
the burden imposed by the collection of information; (c) ways to 
enhance the quality, utility, and clarity of the information collected; 
and (d) ways to minimize the burden of the collection of information on 
respondents, including through the use of automated collection 
techniques or other forms of information technology.
    Please direct your written comments on this 60-Day Collection 
Notice to Austin Gerig, Director/Chief Data Officer, Securities and 
Exchange Commission, c/o Tanya Ruttenberg via email to 
<a href="/cdn-cgi/l/email-protection#386859485d4a4f574a536a5d5c4d5b4c515756795b4c784b5d5b165f574e"><span class="__cf_email__" data-cfemail="c797a6b7a2b5b0a8b5ac95a2a3b2a4b3aea8a986a4b387b4a2a4e9a0a8b1">[email&#160;protected]</span></a> by February 27, 2026. There will be a 
second opportunity to comment on this SEC request following the Federal 
Register publishing a 30-Day Submission Notice.

    Dated: December 22, 2025.
Sherry R. Haywood,
Assistant Secretary.
[FR Doc. 2025-23899 Filed 12-23-25; 8:45 am]
BILLING CODE 8011-01-P


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Indexed from Federal Register on December 29, 2025.

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