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This document is an amendment to a previous filing concerning the acquisition of shares by Fred Keller, reflecting his beneficial ownership exceeding 5% of the common stock of Fairfax Group, Inc. It details the purchase agreement for 4,200,000 shares as well as the assumption of debts owed by the company to Keller Trust.
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What is form sc 13da?
Form SC 13DA is a regulatory form used for the filing of beneficial ownership information with the Securities and Exchange Commission (SEC) in the United States. It is specifically designed for the disclosure of changes in ownership of beneficial interests in certain securities.
Who is required to file form sc 13da?
Individuals or entities that acquire beneficial ownership of more than 5% of a class of equity securities registered under the Securities Exchange Act of 1934 are required to file Form SC 13DA.
How to fill out form sc 13da?
To fill out Form SC 13DA, filers need to provide detailed information about the beneficial owner, the securities acquired, the purpose of the acquisition, and other relevant facts. The form must be completed according to the SEC's guidelines and instructions.
What is the purpose of form sc 13da?
The purpose of Form SC 13DA is to ensure transparency in the ownership of publicly traded companies by requiring beneficial owners to disclose their ownership stakes and intentions, thereby allowing investors to make informed decisions.
What information must be reported on form sc 13da?
Form SC 13DA requires information such as the name and address of the beneficial owner, the number of shares owned, the source of funds used for acquisition, and any agreements related to the ownership of the securities.
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