What is application proof HKEx?
A new applicant must submit its Application Proof through HKEx-ESS for publication on the GEM website on the same day it files a listing application with the Exchange. Where a new Application Proof is submitted for publication on the GEM website, no mark-up against the previous proof is required.
When can I publish PHIP?
Prescribed Timing for Publishing PHIPs When a new applicant resumes its listing plan after a delay under paragraph 13(a), it must publish a PHIP as set out in paragraph 12.
What is a1 filing?
SEC Form 1-A is a filing with the Securities and Exchange Commission by entities seeking exemption for registration requirements for certain public offerings under Regulation A. Tier 1 is capped at $20 million for the aggregate offering price and aggregate sales of securities offered over a 12-month period.
What is an application proof?
Application Proof means an advanced proof of the listing document submitted with the listing application under the Listing Rules.
What does s1 filing status mean?
SEC Form S-1 is an SEC registration required for U.S. companies that want to be listed on a national exchange. It is basically a registration statement for a company that is usually filed in connection with an initial public offering.
How long does it take to go public after filing S-1?
The IPO process is complex and the amount of time it takes depends on many factors. If the team managing the IPO is well organized, then it will typically take six to nine months for the company to complete its public debut.
Why do companies file s1?
Companies usually file SEC Form S-1 in anticipation of their initial public offering (IPO). Investors can view S-1 filings online to perform due diligence on new offerings prior to their issue. Foreign issuers of securities in the U.S. do not use SEC Form S-1 but instead must submit an SEC Form F-1.
How long after IPO can you sell?
The IPO is a bit of a hurry-up-and-wait, as employees usually can’t sell their stock for up to 180 days. This is called a lock-up period, and is meant to prevent employees from all dumping their stock and depressing the stock price.
What goes in an S-1?
An S-1 contains information about a company’s history, managers, business operations, and potential risks. It also includes financial statements audited by independent accountants, as well as details on how many shares are being offered and who is underwriting the IPO, among other things.
Where can I find hkexnews AP and PhIP statement?
The contents of all previously published documents which have been categorized as “INACTIVE” cannot be accessible. The contents of the latest submitted Application Proof, and any PHIPs and MB Rule 9.08 Statements submitted thereafter can be viewed and downloaded under ‘ LISTED COMPANY INFORMATION ‘ on HKEXnews website.
How to submit application proof for HKEX-ESS?
A new applicant must submit its Application Proof through HKEx-ESS for publication on the Exchange’s website: (a) in the case of a new applicant for listing equity securities, on the same day the new applicant files a listing application with the Exchange; or
When do I need to return my HKEX application?
* Date of return of application refers to the date of the decision of the Exchange or the Commission (as the case may be) to return an application where all the review procedures have been completed or the time for invoking them has lapsed. China Everbright Capital Limited / China Merchants Securities (HK) Co., Ltd.
When to use PhIP and MB rule 9.08?
The contents of the latest submitted Application Proof, and any PHIPs and MB Rule 9.08 Statements submitted thereafter Any application returned by the Exchange or the Commission (as the case may be) where all related review procedures on the decision to return the application have been completed or the time for invoking them has lapsed
