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What is bump notice?

Bump notice is a notification required to be filed when an investor's ownership stake in a company 'bumps' up by a certain percentage.

Who is required to file bump notice?

Investors or shareholders who acquire a certain percentage of ownership in a company are required to file bump notice.

How to fill out bump notice?

To fill out a bump notice, one must provide details of the transaction that resulted in the increase in ownership stake, including the number of shares acquired and the total percentage of ownership now held.

What is the purpose of bump notice?

The purpose of bump notice is to provide transparency to the company and other shareholders about significant changes in ownership that may impact decision-making.

What information must be reported on bump notice?

Information such as the investor's name, contact information, number of shares acquired, total percentage of ownership, and details of the transaction must be reported on bump notice.

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