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20-F Filing Requirements Send a press release to shareholders notifying them of the 20-F form release. Make this form publicly available on your website. Post a statement in English that tells shareholders they can request a free copy of audited financial statements, should they wish.
Form 20-FOpens in a new window may be used by foreign private issuers that are not asset-backed issuers as: An annual or transition report (when an issuer changes its fiscal year-end) under Section 13 or 15(d) of the Securities Exchange Act of 1934 (Exchange Act).
Discussion of Drivers in Period-to-Period Changes: Item 5. A of Form 20-F requires disclosure of the underlying reasons for period-to-period material changes in a line item of a company's financial statements in quantitative and qualitative terms, including where material changes within a line item offset one another.
Key Takeaways. SEC Form 20-F is an annual report filing for non-U.S. and non-Canadian companies that have securities trading in the U.S. SEC Form 20-F helps standardize the reporting requirements of foreign-based companies. The company must also make the report available to shareholders through the company's website.
The 20-F filing is a report foreign private share companies submit to the SEC. This form, akin to the 10-K annual report for domestic U.S. companies, is designed for foreign entities with securities registered with the SEC or listed on U.S. exchanges.
B of Form 20-F requires disclosure of transactions that are ?material to the company or the related party, or any transactions that are unusual in their nature or conditions? and the amount of outstanding loans (including guarantees) made by the company, its parent or any of its subsidiaries to or for the benefit of a ...