What information will a QFI have to provide on the application?
The application form requires the QFI to submit basic information about the institution, the amount of the perpetual preferred stock investment that the financial institution is requesting from Treasury, as well as information regarding the amount of authorized but unissued preferred stock and common stock that the institution currently has available for purchase.
Related Questions
- What happens if a QFI is not able to issue the Preferred Shares by the application deadline due to the need for a shareholder vote, Board authorization, or other constraint?
- How will a QFI that has filed a timely application be notified when a preliminary decision on the application has been made by Treasury?
- Who should a QFI contact if they have questions regarding how to file an application or the status of a submitted application?
