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Posted On: 10/31/2020 3:49:29 PM
Post# of 7498
Re: Dragonxbreath #5712
WTH does market volatility have to do the timing of filing a Form 10 or a S-1 for that matter.
Form 10 takes 60 days to become effective, putting effective date in January.
The S-1, if they are lucky, will take 90 days to be deemed effective. Once effective, the company has a lot of time to raise the capital. So now you are in February.
The point being that at least by filing now, they will be positioned, when the markets improve.
Form 10 takes 60 days to become effective, putting effective date in January.
The S-1, if they are lucky, will take 90 days to be deemed effective. Once effective, the company has a lot of time to raise the capital. So now you are in February.
The point being that at least by filing now, they will be positioned, when the markets improve.
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