This is important to be sure that the buying is legitimate and not just a friend purchasing stock or the result of some other agreement. Contracts, Arrangements, Understandings or Relationships with Respect to the Securities of the Issuer - This section contains any special relationships between the owner and the company. Interest in Securities of the Issuer - This section states the express purpose of the transaction, which should be explained better in section 4 (Purpose of Transaction). It allows you to see why they are buying shares in the company, whether it be for acquisition, hostile takeover, proxy battle, or simply because they believe it is undervalued.
Exhibits can also elaborate on the Purpose of Transaction (Section 4).An aggregate database of schedules 13D, 13G, 13F are provided by private service providers such as Edgar. This is famously used for the filing of letters to management in the event of a hostile takeover. It contains any exhibits that may be filed along with the form.
0 kommentar(er)
