Response from the SEC about GNBT's S-1. I missed a
Post# of 36536
Dear xxxxxxxx
Thank you for contacting the U.S. Securities and Exchange Commission (SEC).
I believe your question refers to the Form S-1 registration statement that Generex Biotechnology Corporation filed on February 18, 2020. Please note that we cannot predict the precise date on which a registration statement will be deemed “effective” (valid). The time period in which an S-1 registration statement may be declared effective varies and depends on a number of factors. Quite often, there is a series of interactions between the SEC's Division of Corporation Finance and the filer until the statement can be declared effective.
Section 8(a) of the Securities Act of 1933 provides that a registration statement may become effective 20 days after filing. In all but rare cases, however, companies filing registration statements (issuers) prefer to delay the 20-day period to receive comments from the SEC’s staff. There is no limit on how much time issuers may take to respond to the comments. There are instances where a registration statement is filed but never declared effective by SEC staff.
When a company's S-1 filing is declared effective by the SEC, an EFFECT notice will appear among the company's filings in the SEC's EDGAR database. The notice of effectiveness regarding Securities Act registration statements and post-effective amendments declared effective on the most recently completed business day can be found at https://www.sec.gov/cgi-bin/browse-edgar?action=geteffect
Please let me know if I can assist you further.
Sincerely,
Steven Johnston
Special Counsel
Office of Investor Education and Advocacy
U.S. Securities and Exchange Commission
(202) 551-6349