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Natcore Technology Celebrates First Anniversary as Fully Reporting Company With SEC
Natcore Technology Celebrates First Anniversary as Fully Reporting Company With SEC.
About this update from Natcore Technology Inc
[{"type":"text","content":"\n\n\n\nNatcore Technology Celebrates First Anniversary as Fully Reporting Company With SEC\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\nNatcore Technology Celebrates First Anniversary as Fully Reporting Company With SEC\nPR Newswire\nROCHESTER, N.Y., May 31, 2016\n\n\n\nROCHESTER, N.Y., May 31, 2016 /PRNewswire/ -- Natcore Technology Inc. (TSX-V: NXT; OTCQB: NTCXF; Frankfurt: 8NT) has reached its first anniversary as a fully reporting issuer with the U.S. Securities & Exchange Commission.\n\nNatcore initially became a fully reporting company after filing an SEC Form F-1 Registration Statement, effective as of May 26, 2015.  The company's recent filing of Form 20-F brings it current with all of its required filings.\n\n\"This anniversary brings benefits to Natcore's shareholders, particularly those residing in the U.S.,\" says Tom Scarpa, Natcore's Senior Vice President/Investor Relations. \"Probably the most tangible of these is the reduced holding period.\"\n\nUnder SEC rule 144, the holding period for American participants in a private placement was twelve months. Now that Natcore has reached its one-year anniversary as a fully reporting issuer, that holding period is reduced to six months. For Canadian participants, the holding period is unchanged at four months.\n\n\"There is a broader benefit as well,\" says Scarpa. \"This milestone should strengthen investor confidence in the company, both among private and institutional investors.\"\n\nBecoming a fully reporting issuer in the U.S. significantly expanded Natcore's eligibility for both analyst coverage and investor interest. Many institutional investors are unable to acquire the securities of a company that is not fully reporting with the SEC. By becoming fully reporting, Natcore created new opportunities for acquisition of their securities by institutional investors.\n\nStatements herein other than purely historical factual information, including statements relating to revenues or profits, or Natcore's future plans and objectives, or expected sales, cash flows, and capital expenditures consti...