Author Topic: SEC filings for private unlisted company  (Read 404 times)

hillfronter83

  • Full Member
  • ***
  • Posts: 211
SEC filings for private unlisted company
« on: January 14, 2019, 07:21:45 AM »
Does anyone have experience with SEC filings by private companies that don't trade any where (not even OTC)?
What are the purposes of filing 10-Q or 10-K for those companies? How reliable are those filings compare to a public company?

Thanks in advance.


wabuffo

  • Full Member
  • ***
  • Posts: 150
Re: SEC filings for private unlisted company
« Reply #1 on: January 14, 2019, 07:47:23 AM »
Quote
What are the purposes of filing 10-Q or 10-K for those companies?

In some cases, though they may not have publicly-traded equity, some private companies may have publicly traded debt that requires them to continue to file SEC financials.  BNSF is an example - its equity is 100% owned by BRK, but it has publicly traded debt and continues to file with the SEC.

wabuffo