
Form F-1 Submission: How to Submit Form F-1
Private companies seeking to enter the public markets are required by the U.S. Securities and Exchange Commission (SEC©) to file a registration statement called Form F-1. Before submitting Form F-1, a prospective issuer must provide the SEC with a fully completed and notarized ID Form in order to obtain access credentials and its unique identifier for the SEC’s Electronic Data Gathering, Analysis, and Retrieval system (EDGAR©).
Form F-1 is composed of two main parts:
Part I – The Prospectus (Legal Offering Document)
The prospective issuer must include information on:The issuer’s business operations;
The primary purposes for which the proceeds will be used;
The total public offering price, underwriting discounts and commissions, and price per unit;
The issuer’s financial condition;
Management details;
If applicable, the number of shares offered for the benefit of security holders;
Names of the underwriters and a brief description of their obligations to the issuer;
A concise description of dividend rights, voting rights, conversion rights, interest, and maturity.
Part II – Other Information Not Included in the Prospectus
This section includes:Additional offering and distribution expenses;
Compensation arrangements for directors and executive officers;
Recent unregistered sales of securities;
Exhibits and financial statement schedules;
Commitments and other agreements.
The issuer is responsible for any material misstatements or omissions in the Form F-1 registration statement. Consult your legal counsel, auditors, and underwriters to ensure that adequate due diligence has been performed and to mitigate liability. If any information in a filed Form F-1 needs to be amended, the issuer must file Form F-1/A with the SEC, which serves as an amendment to the original Form F-1.
Capital First Group is a full-service SEC filing agent, ready to assist you in meeting all SEC reporting requirements. For more information on submitting Form F-1, please contact us today.