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ESGL HOLDINGS LTD | UPLOAD: Others

SEC ·  Feb 15 01:50
Summary by Futu AI
On February 13, 2024, ESGL Holdings Limited received comments from the United States Securities and Exchange Commission (SEC) regarding Amendment No. 4 to their Registration Statement on Form F-1, initially filed on February 2, 2024. The SEC's review highlighted issues with overly broad assumptions in Exhibit 5.1 of the legality opinion, specifically renumbered assumptions 5 through 7. The SEC has requested that ESGL Holdings either revise the opinion to exclude these assumptions or provide a detailed explanation as to why they are appropriate and why the company's counsel could not obtain representations from officers, directors, or employees on these matters. The SEC's request for a response indicates that further amendments may be necessary and additional comments could follow upon review of the company's amendments.
On February 13, 2024, ESGL Holdings Limited received comments from the United States Securities and Exchange Commission (SEC) regarding Amendment No. 4 to their Registration Statement on Form F-1, initially filed on February 2, 2024. The SEC's review highlighted issues with overly broad assumptions in Exhibit 5.1 of the legality opinion, specifically renumbered assumptions 5 through 7. The SEC has requested that ESGL Holdings either revise the opinion to exclude these assumptions or provide a detailed explanation as to why they are appropriate and why the company's counsel could not obtain representations from officers, directors, or employees on these matters. The SEC's request for a response indicates that further amendments may be necessary and additional comments could follow upon review of the company's amendments.

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