Extract to table

We note that FPI status must be re-tested on an annual basis, as of the last business day of the issuer's most recently completed second fiscal quarter

For the purpose of an initial determination in connection with Halcyon's prospective registration, the test must be applied as of a date within 30 days before the filing (or confidential submission) of the registration statement

For an issuer that is filing a registration statement for the first time under the Securities Act or the Exchange Act, FPI status must be determined as of a date within 30 days before the filing of the registration statement

For issuers that are already reporting under the Exchange Act, FPI status must be re-assessed as of the last business day of the issuer's most recently completed second fiscal quarter

If an issuer determines, upon its annual re-assessment, that it no longer qualifies as a foreign private issuer, it is required to begin filing as a domestic issuer starting on the first day of the fiscal year following the determination date

If Halcyon determines, upon its annual re-assessment, that it no longer qualifies as a foreign private issuer, it must begin reporting as a domestic issuer on January 1 of the following fiscal year