Form C

Forms and Documents

Forms and supporting documents for this ICR

Document	Type	Status	Availability
Form SEC 2930 Form C	Form and Instruction	Modified	Available
Form SEC 2930 Form C	Form and Instruction	Modified	Available
Form C Supporting Statement.Final.2024.pdf	Supporting Statement A	Uploaded 2024-05-03	Repair queued
Form C 30 Day Federal Register Notice.89FR27808.pdf	Supplementary Document	Uploaded 2024-05-03	Available
Form C 60 Day Federal Register Notice.89FR10110.pdf	Supplementary Document	Uploaded 2024-05-03	Repair queued
March 22, 2023 EDGAR PIA.pdf	Supplementary Document	Uploaded 2024-05-03	Available

IC Document Collections

Information collection document groups

IC ID	Collection	Type	Status	Form
267437	Form C-TR		New
267436	Form C-AR		New
267435	Form C-U		New
211496	Form C	Form and Instruction	Modified	Form C
211496	Form C	Form and Instruction	Modified

ICR Details

OMB Control No: 3235-0716	ICR Reference No: 202402-3235-005
Status: Active	Previous ICR Reference No: 202104-3235-013
Agency/Subagency: SEC	Agency Tracking No: CF 270-658
Title: Form C
Type of Information Collection: Extension without change of a currently approved collection	Common Form ICR:  No
Type of Review Request: Regular
OIRA Conclusion Action: Approved without change	Conclusion Date: 07/01/2024
Retrieve Notice of Action (NOA)	Date Received in OIRA: 05/04/2024
Terms of Clearance:

table that charts list comparision

	Inventory as of this Action	Requested	Previously Approved
Expiration Date	07/31/2027	36 Months From Approved	06/30/2024
Responses	3,476	0	5,907
Time Burden (Hours)	160,059	0	221,378
Cost Burden (Dollars)	31,882,650	0	29,358,657

---

Abstract: Form C will be used by issuers offering securities in reliance on the crowdfunding exemption in Section 4(a)(6) of the Securities Act of 1933, as amended. Form C will also be used by issuers that have completed transactions in reliance on Section 4(a)(6) to file annual reports or to provide notice of the termination of reporting obligations.

---

Authorizing Statute(s): US Code: 15 USC 78c, 78j(b), 78l, 78o, 78q, Name of Law: Securities Exchange Act of 1934
   US Code: 15 USC 78w(a), 78mm Name of Law: Securities Exchange Act of 1934
   US Code: 15 USC 77c, 77d, 77d-1, 77s, 77z-3 Name of Law: Securities Act of 1933
  

Citations for New Statutory Requirements: None

---

Associated Rulemaking Information
RIN:	Stage of Rulemaking:	Federal Register Citation:	Date:
	Not associated with rulemaking

---

Federal Register Notices & Comments
60-day Notice:	Federal Register Citation:	Citation Date:
	89 FR 10110	02/13/2024
30-day Notice:	Federal Register Citation:	Citation Date:
	89 FR 27808	04/18/2024
Did the Agency receive public comments on this ICR? No

---

Number of Information Collection (IC) in this ICR: 4

table that charts list of burden

IC Title	Form No.	Form Name
Form C	SEC 2930	Form C
Form C-AR
Form C-TR
Form C-U

---

ICR Summary of Burden

table that charts list of burden

	Total Approved	Previously Approved	Change Due to New Statute	Change Due to Agency Discretion	Change Due to Adjustment in Estimate	Change Due to Potential Violation of the PRA
Annual Number of Responses	3,476	5,907	0	0	-2,431	0
Annual Time Burden (Hours)	160,059	221,378	0	0	-61,319	0
Annual Cost Burden (Dollars)	31,882,650	29,358,657	0	0	2,523,993	0

Burden increases because of Program Change due to Agency Discretion: No

Burden Increase Due to:

Burden decreases because of Program Change due to Agency Discretion: No

Burden Reduction Due to:

Short Statement: The decrease in burden hours and the increase in cost burden is due to an adjustment to how the PRA burdens are calculated. The decrease in burden hours of 61,319 is due to decrease in the number of Form C filings filed with the Commission. The increase in cost burden is due to how the cost burden is calculated. We recognize that the costs of retaining outside professionals may vary depending on the nature of the professional services, but for purposes of this PRA analysis, we estimate that such costs would be an average of $600 per hour. We are increasing the cost estimate to $600 per hour to adjust the estimate for inflation from August 2006 to the present.

---

Annual Cost to Federal Government: $0

Does this IC contain surveys, censuses, or employ statistical methods? No

Does this ICR request any personally identifiable information (see OMB Circular No. A-130 for an explanation of this term)? Please consult with your agency's privacy program when making this determination.     Yes

Does this ICR include a form that requires a Privacy Act Statement (see 5 U.S.C. §552a(e)(3))? Please consult with your agency's privacy program when making this determination.     No

Is this ICR related to the Affordable Care Act [Pub. L. 111-148 & 111-152]? No

Is this ICR related to the Dodd-Frank Wall Street Reform and Consumer Protection Act, [Pub. L. 111-203]? No

Is this ICR related to the American Recovery and Reinvestment Act of 2009 (ARRA)? No

Is this ICR related to the Pandemic Response? No

---

Common Form ICR:  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:

(a) It is necessary for the proper performance of agency functions;

(b) It avoids unnecessary duplication;

(c) It reduces burden on small entities;

(d) It uses plain, coherent, and unambiguous language that is understandable to respondents;

(e) Its implementation will be consistent and compatible with current reporting and recordkeeping practices;

(f) It indicates the retention periods for recordkeeping requirements;

(g) It informs respondents of the information called for under 5 CFR 1320.8 (b)(3) about:

(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;

(h) It was developed by an office that has planned and allocated resources for the efficient and effective management and use of the information to be collected.

(i) It uses effective and efficient statistical survey methodology (if applicable); and

(j) It makes appropriate use of information technology.

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.

Certification Date: 05/04/2024

---