기업 지배구조 governance

“As a foreign private issuer, we are exempt from certain SEC rules applicable to U.S. domestic issuers. For example, we are not required to file quarterly reports on Form 10‑Q, proxy statements on Schedule 14A or 14C, or current reports on Form 8‑K.”

“We have four months after fiscal year end to file our annual report on Form 20‑F. We also present our financial statements in accordance with IFRS rather than U.S. GAAP.”

424B4 · 투자설명서 요약, Foreign Private Issuer 지위의 의미

“We intend to rely on Cayman Islands corporate governance practices in lieu of NYSE American corporate governance requirements regarding the issuance of quarterly earnings statements […], to the extent permitted under Section 110 of the NYSE American Company Guide and other applicable exemptions for foreign private issuers.”

424B4 · 투자설명서 요약, Foreign Private Issuer 지위의 의미

“We intend to rely on Cayman Islands corporate governance practices in lieu of NYSE American corporate governance requirements regarding […] shareholder approval requirements prior to certain securities issuances in connection with certain acquisitions, private placements of securities, or the establishment or amendment of certain share option or purchase plans.”

424B4 · 투자설명서 요약, Foreign Private Issuer 지위의 의미

“NYSE American’s listing rules generally require that a majority of an issuer’s board of directors must consist of independent directors. Our board of directors currently consists of five (5) directors, three (3) of whom are independent within the meaning of NYSE American’s rules.”

“For instance, we are not required to: have a majority of the board be independent (although all of the members of the audit committee must be independent under the Exchange Act) […]. We do not plan to take advantage of the above home country exemptions; however, such exemptions may be relied upon in the future.”

424B4 · 경영진, 이사회; 위험 요소

“For instance, we are not required to: […] have a compensation committee and a nominating committee to be comprised solely of “independent directors”. We do not plan to take advantage of the above home country exemptions; however, such exemptions may be relied upon in the future.”

“Our compensation committee consists of Christopher Gardner, Richard Ingrassia and Tania Sutin Bleiberg, each of whom satisfies the “independence” requirements of Rule 10A‑3 under the Exchange Act and NYSE American’s rules […].”

424B4 · 위험 요소; 경영진, 이사회 위원회