Multiple sources (Cooley, Weil, M2 Compliance) clearly state that other events (item 8.01) on an 8-K form are not subject to "within 4 working days" filing period. They also say that they have "no deadline" or that they are "at the discretion of registrant".
This means that the Bitcoin purchase could have happened anytime between 2025-03-25 (when the board approved the decision) and now.
I'm pleased either way tbh, but the idea that they bought in the dip has my tits extra jacked.
Sources: https://www.cooley.com/resource/triggering-events-for-form-8-k#section-8 https://www.weil.com/-/media/files/pdfs/2023/september/form-8-k-triggering-events.pdf https://www.m2compliance.com/8k-form-faq.php
No comments:
Post a Comment