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SEC Form 4 OMB APPROVALUNITED STATES SECURITIES AND EXCHANGE COMMISSIONER 4Washington, D.C. 20549 OMB Number:32350287Estimated average understatement OF CHANGES IN BENEFICIAL OWNERSHIPCheck this box
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Common stock without par is a type of equity security that does not have a nominal or face value assigned to it. Instead, the value is determined by the market.
Corporations that issue common stock without par value are typically required to file with the appropriate regulatory bodies, such as the Securities and Exchange Commission (SEC) in the United States.
To fill out common stock without par, the issuing corporation needs to provide the number of shares issued, the issuance price, and any relevant details about the stock in the appropriate regulatory filings.
The purpose of common stock without par is to provide flexibility for companies in managing their equity structure. It allows companies to issue shares without being constrained by a fixed nominal value.
Information that must be reported includes the number of shares issued, the total value of the shares, details of any dividends declared, and relevant shareholder information.
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