DEFINITION of 'SEC Form PREC14C'
A filing with the Securities and Exchange Commission (SEC) that must be filed by or on behalf of a registrant in the event of a contested solicitation. SEC Form PREC14C provides security holders who are entitled to vote on issues for which the company is not soliciting proxies with information required by Schedule 14A, as well as information about the interest of certain persons in or opposition to matters to be acted upon, and proposals by security holders. The form is required to state that proxies are not solicited.
BREAKING DOWN 'SEC Form PREC14C'
Form PREC14C, "preliminary information statements - contested solicitations", is required under Section 14(c) of the Securities Exchange Act of 1934. This form must be filed with the SEC 10 days before definitive information statements are distributed to shareholders and helps the SEC protect shareholders' rights by ensuring that they receive key information, clearly presented.