Pursuant to 5 CFR 1320.11(c), OMB files this comment on this information collection request (ICR). This OMB action is not an approval to conduct or sponsor an information collection under the Paperwork Reduction Act of 1995. This action has no effect on any current approvals. If OMB has assigned this ICR a new OMB Control Number, the OMB Control Number will not appear in the active inventory. For future submissions of this information collection, reference the OMB Control Number provided. The agency shall examine public comment in response to the NPRM and will describe in the supporting statement of its next collection any public comments received regarding the collection as well as why (or why it did not) incorporate the commenterâs recommendation. The next submission to OMB must include the draft final rule.
Inventory as of this Action
Requested
Previously Approved
04/30/2026
36 Months From Approved
06/30/2026
66
0
66
26,571
0
26,571
32,130,375
0
32,130,375
Form F-1 is used by certain foreign private issuers to register securities pursuant to the Securities Act of 1933.
US Code:
15 USC 77f
Name of Law: Securities Act of 1933
US Code:
15 USC 77g
Name of Law: Securities Act of 1933
US Code:
15 USC 77j
Name of Law: Securities Act of 1933
US Code:
15 USC 77s(a)
Name of Law: Securities Act of 1933
US Code:
15 USC 77z-3
Name of Law: Securities Act of 1933
US Code:
15 USC 78c
Name of Law: Securities Exchange Act of 1934
US Code:
15 USC 78l
Name of Law: Securities Exchange Act of 1934
US Code:
15 USC 78m
Name of Law: Securities Exchange Act of 1934
US Code:
15 USC 78n
Name of Law: Securities Exchange Act of 1934
US Code:
15 USC 78o
Name of Law: Securities Exchange Act of 1934
US Code:
15 USC 78w(a)
Name of Law: Securities Exchange Act of 1934
US Code:
15 USC 78mm
Name of Law: Securities Exchange Act of 1934
US Code:
15 USC 80a-6(c)
Name of Law: Investment Company Act of 1940
US Code:
15 USC 80a-37
Name of Law: Investment Company Act of 1940
The proposed new rules and amendments are intended to improve the usefulness and clarity of the information provided to investors so that they can make better informed decisions as to whether to purchase securities in SPAC registered offerings, including initial public offerings, and in voting, investment and redemption decisions in connection with de-SPAC transactions. The proposed new rules and amendments are also intended to enhance investor protections as well as provide additional clarity regarding the legal obligations of target companies and others in connection with de-SPAC transactions. We anticipate that the proposed new rules and amendments would, in the aggregate, increase the burdens and costs to SPACs and target private operating companies. These estimated burden and cost increases are expected to result primarily from the proposals to require additional disclosures in SPAC registered offerings and de-SPAC transactions, including additional disclosures on the sponsor of the SPAC, potential conflicts of interest, dilution, and the fairness of the de-SPAC transaction. For purposes of the PRA, we estimate that the proposals relating to Form F-1 will result in a net increase of 12 burden hours and a net increase in the cost burden of $14,400 for the services of outside professionals.
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.