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FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b). UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT
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Common par value 1 refers to a standard value assigned to each share of common stock, which is typically set at a nominal value like $0.01 or $1. This value represents the minimum price at which shares can be issued.
Businesses issuing shares of common stock are required to file common par value 1 as part of their corporate governance and financial reporting requirements.
To fill out common par value 1, you need to provide the share's assigned par value, the number of shares authorized, and any additional details requested by the regulatory authority.
The purpose of common par value 1 is to establish a legal minimum for the issuance of shares, ensuring that shareholders receive a certain level of value when shares are issued or sold.
The information that must be reported includes the par value per share, the total number of shares issued, and any relevant financial disclosures related to the equity structure of the company.
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