2020-05-07
The Securities and Exchange Commission extends filing deadlines for annual reports, audited financial statements, and quarterly reports for companies with fiscal years ending between January and April 2020 due to COVID-19 disruptions. The extension grants a 60-day period for companies with fiscal years ending on January 31, February 29, or March 31, and a 45-day period for those ending on April 30, applying automatically without the need for a request. Publicly-listed companies and issuers of registered securities must file SEC Form 17-LC five days before the regular deadline and continue to disclose material information regarding the pandemic's impact immediately.