SEC FORM F-10

SEC Form F-10 is also referred to as the Registration Statement of Securities of Certain Canadian Issuers Offered for Cash upon the Exercise of Rights Granted to Existing Security Holders. This means that SEC Form F-10 is a filing required to be filed by Canadian foreign private issuers that are publicly-traded under the Securities and Exchange Commission. The issuers are also required to have been subjected to a constant disclosure over a time period of 12 month prior to the filing that will be conducted by Canadian authority. This is a requirement for them to be able to register securities with the exception of derivative securities. SEC Form F-10 must also be filed by companies that have an aggregate market value of public float or outstanding equity that amounts to $75 million. SEC Form F-10 is a ‘wraparound’ form for all the other significant Canadian offering documents required by the securities regulation in Canada. SEC Form F-10 is different from SEC Form F-80, SEC Form F-9, SEC Form F-8, and SEC Form F-7 in that SEC Form F-10 require the Canadian issuer to resolve all the financial statements to the US Generally Accepted Accounting Principles (GAAP).