Sun Pacific Holding Corp. recently submitted a Form 15-12G filing with the Securities and Exchange Commission (SEC), indicating its termination of registration under the Securities Exchange Act of 1934. This decision signifies that the company will no longer be required to file periodic reports with the SEC, reducing administrative burdens and costs associated with regulatory compliance. While this move may limit transparency for investors, it can be a strategic decision for companies looking to streamline operations and focus resources elsewhere.
Sun Pacific Holding Corp. is a diversified company focused on acquiring and managing green energy, sustainable living, and waste-to-energy technologies. With a commitment to environmental sustainability, the company aims to provide innovative solutions for a cleaner future. For more information about Sun Pacific Holding Corp., visit their website at https://www.sunpacificholding.com/.
Form 15-12G, also known as Certification and Notice of Termination of Registration, is filed by companies to suspend their reporting obligations under the Securities Exchange Act of 1934. This form is typically used by companies with fewer than 300 shareholders of record, allowing them to deregister their securities and cease filing reports with the SEC. It is essential for investors and stakeholders to stay informed about such filings to understand the implications for the company and its future reporting status.
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Sun Pacific Holding Corp. Files Form 15-12G with the SEC
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