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 âSecurities Actâ) 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 âCommissionâ).
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 (âpublic floatâ) 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 Commissionâs forms, schedules, and rules under the Securities Actâs 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 twiceâboth 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).
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