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Unlike a Schedule 14A Proxy Solicitation, a Schedule 14C Information Statement does not solicit or request shareholder approval. Instead, the Schedule 14C provides investors with information about important corporate actions that have been approved by the issuer's majority shareholders.
NAI's principal argument was that, under the plain language of Section 14(c) and Rule 14c-2, the requirement to file an information statement on Schedule 14C and the obligation to then wait 20 calendar days for effectiveness of the action taken by consent are limited to ?corporate action.? NAI asserted that action ...
The information statement provides the company's stockholders with the information specified by Schedule 14C concerning the stockholder action approved by the consent. Glossary | Practical Law - Westlaw westlaw.com ? Glossary ? PracticalLaw westlaw.com ? Glossary ? PracticalLaw
SEC Form PRE 14C is a preliminary financial disclosure required by companies prior to a shareholder meeting. The form provides preliminary information in anticipation of a Schedule 14C filing. This information is required by the SEC and section 14(c) of the Securities and Exchange Act of 1934.
Schedule 14C is an informational statement that is required by Section 14(c) of the Securities Exchange Act of 1934. It sets out disclosure requirements for SEC-reporting companies that must be shared with stockholders before they approve an action by written consent. Leave? - Investopedia investopedia.com ? terms investopedia.com ? terms