Who it serves
TakePublic for OTCQB companies
The OTCQB certification, verified profile and fee dates beside your 10-K and 10-Q.
- Who it is for
- OTCQB companies reporting to the SEC
- What you run
- SEC filings and OTC Markets dates
- Certification
- 45 days after the annual report due date
- Not a fit
- Alternative reporting companies
- Plan
- Monitor or Section 16; Core in closed beta
What TakePublic tracks for OTCQB
- 01File the annual report
- 02Certification computed
- 03OTCIQ verification, twice yearly
- 04EDGAR Next confirmation
- 05Fee date as a matter
- Certification date45 calendar days after the annual report due date, rolled off weekends and SEC holidays, with the document generated for posting through OTCIQ.
- Fee and market testsAdd the fee date as a matter with the date counsel sets; TakePublic does not monitor bid price, market capitalization or public float.
What OTC Markets requires
- Management certificationThrough OTCIQ, concurrently with the 10-K and no later than 45 calendar days after the annual report due date, stating the company's reporting standard and registration (OTCQB Rules, section 2.2).
- Verified profileVerified and updated through OTCIQ at least once every six months (section 2.2).
- Fees$16,500 a year, due before the first day of trading on OTCQB and each year after, plus a $6,000 application fee (section 3).
- Bid test and auditAdmission needs a $0.05 bid on each of the 30 days before joining and a public float of at least 10%; staying on needs a $0.01 closing bid on at least one of every 30 consecutive calendar days and PCAOB-audited annual statements (sections 1.1 and 2.1).
- Cure periodsGenerally 30 calendar days, 45 for a delinquent periodic report, 90 for the bid test; a closing bid under $0.001 for five consecutive trading days means removal at once (section 4.1).
12(g) versus 15(d)
- Section 12(g)10-K, 10-Q and 8-K, plus Section 16, the proxy rules and Schedules 13D and 13G, so directors, officers and 10% holders owe Forms 3, 4 and 5.
- Section 15(d) only10-K, 10-Q and 8-K without the Section 12 companions, so insiders owe no Forms 3, 4 or 5.
- Read the coverThe 10-K cover lists securities registered under Section 12(b) and 12(g); a 15(d)-only reporter shows none, and counsel confirms the basis.
Which plan fits
- MonitorThe Company calendar with the SEC dates, the OTCQB certification, OTCIQ verification dates and the EDGAR Next confirmation, with email alerts in ET.
- Section 16For 12(g) registrants: Forms 3, 4 and 5 drafted from your roster and filed after your designated reviewer, such as your securities attorney, signs off.
- Core, in closed betaDrafts the 10-K, 10-Q, 8-K and NT notices from your books; request access on the pricing page.
Frequently asked questions
When is the OTCQB annual certification due?
Concurrently with your 10-K, and no later than 45 calendar days after the annual report due date, rolled off weekends and SEC holidays. All deadlines ET.
What does OTCQB cost?
The Corporate Services Fee Schedule lists a $16,500 annual fee and a $6,000 application fee. A company that requalifies within 180 days of removal may pay a $3,000 requalification fee instead of reapplying.
What happens if our 10-K is late?
OTC Markets gives a 45-calendar-day cure period for a delinquent periodic report before removal. The SEC side runs separately: an NT 10-K within one business day of the due date and 15 extra calendar days.
Do our insiders file Forms 3, 4 and 5?
If your equity is registered under Section 12(g), yes. If you report only under Section 15(d), Section 16 does not apply. Your 10-K cover shows which.
Official sources
Get started
Every deadline on one calendar.
Set up from your public EDGAR history in a few minutes. Your counsel's seat is free.
Get started Run a free scan firstTakePublic is a technology platform, not a law firm, broker-dealer, or auditor. Forms 3, 4 and 5 prepared in TakePublic file only after the reviewer the company designates, such as its securities counsel, signs off; any other filing prepared in TakePublic files only after a licensed securities attorney signs off.