7.2 SEC Requirements
SEC registrants should consider any applicable disclosure requirements issued by the SEC. For example, Regulation S-X, Rule 4-08 (reproduced in ASC 235-10-S99-1), requires disclosure of warrants or rights outstanding as of the balance sheet date, including:
- Title of issue of securities called for by warrants or rights.
- Aggregate amount of securities called for by warrants or rights outstanding.
- Date from which warrants or rights are exercisable.
- Price at which warrants or rights are exercisable.
The temporary-equity disclosures required by SEC registrants must be
provided for any freestanding equity-linked instrument that is classified in
temporary equity. See further discussion in Chapters 5 and 9 of Deloitte’s Roadmap Distinguishing Liabilities From
Equity.
Further, SEC Regulation S-K requires registrants to disclose in MD&A certain
information about off-balance-sheet arrangements (including equity-classified
contracts on own equity).