Extension without change of a currently approved collection
No
Regular
06/24/2025
Requested
Previously Approved
36 Months From Approved
08/31/2025
4
4
0
8
4,800
3,200
The Securities Act of 1933 (the
“Securities Act”) was enacted to provide full and fair disclosure
with respect to publicly offered securities and to prevent fraud in
connection with such offerings. The Securities Act carries out this
purpose by requiring the filing of a registration statement in
connection with public distributions of securities and containing
remedial provisions for fraud. Schedule A of the Securities Act
specifies the general types of information that must be disclosed
in registration statements filed with the Securities and Exchange
Commission (the “Commission”). Form F-80 (17 CFR 239.41) is a
Securities Act registration form pertaining to Canadian foreign
private issuers under the multijurisdictional disclosure system
with Canada. Form F-80 may be used for the registration of
securities to be issued in an exchange offer by a registrant that,
among other criteria: (1) is a Canadian foreign private issuer; (2)
has had a class of securities listed on a designated Canadian
securities exchange for at least 12 calendar months and meets
certain Canadian continuous disclosure requirements; and (3) has an
aggregate market value of its outstanding equity shares held by
non-affiliates (“public float”) of at least C$75 million. Form F-80
may also be used by certain Canadian foreign private issuers to
register securities issued in connection with business
combinations, provided that certain participants meet similar
listing history, public float, and other criteria. Form F-80, along
with the other forms and schedules adopted by the Commission, is
designed to facilitate cross-border offerings by eligible Canadian
foreign private issuers. Although Form F-80 creates burden hours,
its cost should be considered in the context of the overall savings
resulting from the multijurisdictional disclosure system. The
principal function of the Commission’s forms, schedules, and rules
under the Securities Act’s disclosure provisions is to make
information available to investors. The information required to be
filed with the Commission permits verification of compliance with
securities law requirements and assures the public availability and
dissemination of such information. Security holders, investors,
broker-dealers, investment banking firms, professional securities
analysts, and others may use the Form F-80 information in
evaluating securities and making investment decisions with respect
to such securities. In addition, all investors may benefit
indirectly from submissions on Form F-80, as direct users generally
effect transactions in securities on the basis of current
information about the issuer included in such filings, thereby
causing the market prices of the securities to reflect such
information.
US Code:
15
USC 78w(a) Name of Law: Securities Exchange Act of 1934
US Code: 15
USC 78m Name of Law: Securities Exchange Act of 1934
The decrease of 8 hours in
burden hours is due to the correction of an error in the previous
calculation. The previous calculation estimated 8 burden hours
annually (2 hours per response x 4 responses per year) but counted
those 8 hours twice—both as 8 burden hours carried out by the
company, and also as 8 hours of external cost carried out by
outside professionals (8 hours per year x $400 per hour = $3,200
per year). However, the burden hours should have been zero as 100%
of the 2 hours per response was estimated to have been carried out
by outside professionals (and, by extension, 0% was estimated to
have been carried out internally by the company).
$131,724,880
No
Yes
No
No
No
No
No
Pearl Crawley 202 551-3256
crawleyp@sec.gov
No
On behalf of this Federal agency, I certify that
the collection of information encompassed by this request complies
with 5 CFR 1320.9 and the related provisions of 5 CFR
1320.8(b)(3).
The following is a summary of the topics, regarding
the proposed collection of information, that the certification
covers:
(i) Why the information is being collected;
(ii) Use of information;
(iii) Burden estimate;
(iv) Nature of response (voluntary, required for a
benefit, or mandatory);
(v) Nature and extent of confidentiality; and
(vi) Need to display currently valid OMB control
number;
If you are unable to certify compliance with any of
these provisions, identify the item by leaving the box unchecked
and explain the reason in the Supporting Statement.
Form SEC 2282 Form F-80: Canadian Securities
2025 06 24_90 FR 26895_3235-0404_30-Day Submission Notice.pdf.pdf
Form F-80: Canadian Securities