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This SEC Form 3 document outlines the initial statement of beneficial ownership by Hacienda Company, LLC, reporting 22,643,678 shares of Lowell Farms Inc. in 2021.
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Form 3 is a disclosure form that is typically used by companies or individuals to report information related to the ownership of securities and changes in ownership.
Individuals who are officers, directors, or beneficial owners of more than 10% of a class of equity securities of a registered company are required to file Form 3.
To fill out Form 3, you must provide information such as the name of the reporting person, the relationship to the issuer, and details about the securities owned, including the number and class of securities.
The purpose of Form 3 is to provide transparency in the securities markets by disclosing the ownership of securities by insiders of a company.
Form 3 must report the name of the reporting person, their relationship to the issuer, and the total amount of securities owned along with the date of ownership.
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