How does an issuer apply for coordinated equity review?
An issuer must file an Application for Coordinated State Review (CER-1) in all states in which it is seeking to register its securities in addition to filing forms, fees and other documents required by each state. The issuer should file these documents contemporaneously in each state in which it is seeking to register the securities. The issuer also should file a CER-1, without fees, together with a cover letter indicating its intent to seek coordinated equity review in Pennsylvania, the Program Administrator state. If the issuer has filed an application to register the securities in Pennsylvania and has requested coordinated equity review, it is not necessary to file an additional CER-1.
Related Questions
- Can an issuer participate in coordinated equity review with respect to some states but not all states in which it is seeking registration?
- Can an issuer add jurisdictions to the coordinated review of an offering after the review process has begun?
- Can any issuer offering equity securities participate in coordinated equity review?
