For item 4(b), your suggested stipulation is sufficient or you can provide the most up-to-date balance sheet (to show that SOP is met) along with the annual report. For item 6(b) it is issued and outstanding.
Question
From: Sheinberg, Samuel I.
Sent: Wednesday, December 4, 2019 9:28 AM
To: [Redacted]
Cc: [Redacted]
Subject: RE: HSR Form Item
[Redacted}
For item 4(b), your suggested stipulation is sufficient or you can provide the most up-to-date balance sheet (to show that SOP is met) along with the annual report. For item 6(b) it is issued and outstanding.
Sam
From: [Redacted]
Sent: Tuesday, December 3, 2019 1:10:10 PM (UTC-05:00) Eastern Time (US & Canada)
To: [Redacted]
Subject: HSR Form Item
Hello,
Two quick questions regarding the HSR Form.
Item 4(b)
Though our client’s 2018 annual report does not show $18m in total assets (non-manufacturing), their last regularly prepared balance sheet does have total assets greater than $18m. Thus, we are going to stipulate to the size of the person test in 4(b) (and provide the 2018 annual report). Is stating in 4(b) that “The [Company} stipulates to the size of the person test in having total assets greater than $18m” sufficient? If not, what information needs to be provided here to stipulate?
Item 6(b)
Should the shareholders of the Company holding an interest of 5% or greater be determined on an issued and outstanding basis or on a fully diluted basis?
Thanks in advance for you help.