NEC Corporation Terminates U.S. Public Reporting Obligations
TOKYO – (COMMERCIAL THREAD) – NEC Corporation (NEC; TOKYO: 6701) announced today that it will voluntarily file a Form 15F with the United States Securities and Exchange Commission (the âSECâ) to terminate the registration of its ordinary shares under section 12 (g) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and its corresponding reporting obligations under section 13 (a) of the Exchange Act.
The termination will take effect 90 days after the date of filing Form 15F with the SEC, or such shorter period as the SEC may determine. Upon filing of Form 15F, the Company’s reporting obligations under the Exchange Act will immediately be suspended, including its obligations to file annual reports on Form 20-F and reports on Form 6-K.
This press release includes statements that express NEC’s opinions, expectations, beliefs, plans or objectives regarding future events or future results, and therefore are or may be considered “forward-looking statements”. These forward-looking statements include all matters which are not historical facts and include statements regarding NEC’s intention to terminate the registration of its common shares and the corresponding reporting obligations. These statements reflect management’s current beliefs with respect to future events and are based on information currently available to management. Forward-looking statements regarding NEC’s intention to terminate its mandatory reporting obligations involve known and unknown risks, uncertainties and assumptions. Although NEC bases its forward-looking statements on what its management believes to be reasonable assumptions when made, you are cautioned that these forward-looking statements do not constitute guarantees.