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Simple English definitions for legal terms
registrant
Read a random definition: Drug Enforcement Administration (DEA)
A quick definition of registrant:
Registrant: A registrant is a company that shares information with the Securities and Exchange Commission (SEC). This includes companies that are going public for the first time and companies that regularly report their financial information to the SEC.
A more thorough explanation:
Registrant is a term used to describe a company that submits documents to the Securities and Exchange Commission (SEC). This term is used for companies that are going public for the first time (IPO) or companies that file regular reports.
- ABC Inc. is a registrant because they filed an IPO with the SEC.
- XYZ Corp. is a registrant because they file quarterly reports with the SEC.
These examples illustrate how a company becomes a registrant by submitting documents to the SEC. ABC Inc. filed an IPO, which means they are going public for the first time and need to register with the SEC. XYZ Corp. files quarterly reports, which means they need to register as a registrant to comply with SEC regulations.