DEFINITION of 'SEC Form 10-12B'
A filing with the Securities and Exchange Commission (SEC), also known as the Initial General Form for Registration of Securities, required when a public company issues a new class of stock through a spin-off. SEC Form 10-12B contains information about the original shares issued, the new shares affected and information about how and on which exchange the new shares will trade.
BREAKING DOWN 'SEC Form 10-12B'
Spin-offs often leave many investors scratching their heads and wondering what exactly this new company does. Thankfully, SEC Form 10-12B usually contains a substantial information letter or "narrative" that outlines the reason for the spin-off, the potential strengths and weaknesses of the new company and the outlooks for new companies industry.
Related Forms: SEC Forms 10-12B/A, 10-12G, 10-12G/A