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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549FORM 3OMB APPROVALINITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIESOMB Number: 32350104 Estimated average burden hours
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Gather the necessary documents: You'll need the company's articles of incorporation and any relevant bylaws.
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Common stock represents shares of ownership in a company and entitles shareholders to vote on corporate matters and receive dividends.
Companies that issue common stock are required to file information related to it with relevant regulatory authorities, particularly if they are publicly traded.
To fill out the common stock form, provide details such as the number of shares issued, the par value, and any changes in ownership or class of stock.
The purpose of common stock is to raise capital for the company, provide voting power to shareholders, and potentially distribute profits in the form of dividends.
The information that must be reported includes the number of shares authorized, issued, and outstanding, as well as any unpaid dividends and details of shareholder transactions.
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