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Michael Terence Rave, Esq., A Distinguished Corporate, SEC, and MandA Attorney on SEC Filings: Forms You Need To Know

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New Jersey, US, 23rd September 2024, ZEX PR WIRE, Michael Terence Rave, Esq., an esteemed Corporate, Securities and Exchange Commission (SEC), and Mergers & Acquisitions (M&A) attorney, marks more than two decades of remarkable serv.ice in the legal profession. Michael Rave’s expertise in SEC filings and federal securities law is unparalleled. In the realm of public M&A transactions, where a public company is being acquired, federal securities law plays a significant role. Rave’s extensive knowledge of SEC disclosure requirements ensures that companies remain compliant with regulations throughout the M&A process. 

He has consistently guided clients through the complex landscape of SEC filings, including Form 10-K, Form 10-Q, and Form 8-K, ensuring that they meet regulatory obligations and provide the necessary transparency to shareholders.

Rave’s experience extends to capital markets transactions, where his ability to manage stock issuance and coordinate with outside counsel has been instrumental in facilitating successful deals. His deep understanding of SEC regulations, combined with his practical experience, makes him a trusted advisor to companies navigating the complexities of public offerings and acquisitions.

The Securities and Exchange Commission (SEC) mandates that public companies, certain company insiders, and broker-dealers regularly submit financial statements and disclosures. Investors and finance professionals use these filings to assess potential investments. The SEC provides free access to these filings through EDGAR, its online database.

The SEC was established by the Securities Exchange Act of 1934, signed into law by President Franklin D. Roosevelt, to restore investor confidence after the 1929 stock market crash. It serves as an independent government agency with the primary goals of protecting investors, maintaining orderly markets, and promoting capital formation.

The SEC selectively reviews submitted information to enhance compliance, allowing investors to assess a company’s performance. Below, we explore the most common forms companies must file with the SEC. Familiarity with these filings is valuable for investors performing due diligence.

Key Points

  • SEC filings are essential regulatory documents that offer vital information to investors.

  • The public can access these documents on the SEC’s EDGAR database.

  • Companies must file registration statements when offering shares to the public for the first time.

  • Among the most common SEC filings are Forms 10-K, 10-Q, 8-K, proxy statements, Forms 3, 4, and 5, Schedule 13D, Form 144, and Foreign Investment Disclosures.

  • The 10-K annual report provides a comprehensive financial summary, while proxy statements are filed before shareholder meetings to discuss elections of directors and other corporate matters.

Registration Statements

Registration statements disclose information about a company’s securities and financial status. Companies offering securities publicly typically file Form S-1. This filing includes a prospectus, which must be provided to potential investors, containing details about management, business operations, financial health, risks, and other pertinent information. Financial statements included must be audited by an independent CPA.

Importance of Registration Statements

These filings help investors evaluate new securities, offering insight into the issuer’s business, assets, management team, and financial statements. The prospectus offers quantitative and qualitative data that help investors gauge potential risks.

While the legal nature of these filings ensures transparency, they can be filled with complex legal language. Investors should focus on company-specific details and be cautious of blanket statements that could apply to any public company. Forward-looking statements in these documents are projections, not guarantees.

Form 10-K

Form 10-K is an annual filing that provides detailed insight into a company’s financial condition. While it overlaps with the company’s annual report, the 10-K is more technical and thorough, containing financial statements, a business summary, management’s discussion of operations, and details on legal matters.

Importance of Form 10-K

This form is essential for investors to track a company’s financial health and prospects. It provides detailed data for fundamental analysis, allowing investors to construct ratios and other metrics based on balance sheets, income statements, and cash flows.

Investors should pay attention to Item 1, which outlines the company’s business operations and customer base. Footnotes are also key, providing details on accounting methods and potential legal challenges.

Form 10-Q

Filed quarterly, Form 10-Q offers a snapshot of a company’s ongoing financial status. It is a shorter version of the 10-K and must be submitted for the first three quarters of the fiscal year. Unlike the 10-K, the 10-Q contains unaudited financial statements and is less detailed.

Importance of Form 10-Q

The 10-Q allows investors to keep tabs on a company’s performance throughout the year. Investors can track key areas such as working capital, accounts receivable, inventory, and legal risks. Comparing 10-Qs with those of competitors helps provide a broader perspective on the company’s performance.

Form 8-K

Form 8-K is used to disclose significant events that occur between 10-K or 10-Q filings. Examples include bankruptcies, mergers, asset disposals, and executive changes.

Importance of Form 8-K

This form provides timely updates on major developments, allowing investors to react quickly. It serves as a reliable source for financial research, as firms are required to file these documents transparently.

Proxy Statement

The proxy statement offers a glimpse into executive salaries, perks, and other corporate matters ahead of shareholder meetings. Shareholders use these statements to cast their votes on director elections and other significant issues.

Importance of Proxy Statement

Shareholders who cannot attend annual meetings can use proxy votes to participate in decision-making. These votes cover director elections and other corporate actions, and proxy statements present the issues to be voted on.

Understanding SEC filings equips investors with the knowledge needed to make informed decisions when evaluating companies and their securities.

About Michael Rave

In addition to his impressive legal career, is the Founder and CEO of Brandywine Legal Recruiting, LLC, a firm specializing in the placement of corporate attorneys. His leadership at Brandywine Legal Recruiting has allowed him to extend his impact beyond his own legal practice, helping corporations and law firms find the right legal talent to navigate complex regulatory landscapes and achieve their business goals.

Beyond his legal accomplishments, Michael Rave is a dedicated and passionate advocate for animal welfare. He has served as a lead volunteer at the Brandywine Valley SPCA, where he works tirelessly to support dog adoption initiatives and improve the lives of animals in need. His volunteer work at the SPCA highlights his deep commitment to giving back to the community and making a positive impact on the lives of others.

In addition to his volunteer efforts, Rave is an avid triathlete, training for national competitions and consistently pushing the boundaries of his physical endurance. His passion for fitness and commitment to personal growth serve as a testament to his discipline and drive, both in and out of the legal profession.

For media inquiries or more information about Michael Terence Rave, Esq., please contact:

Michael Terence Rave, Esq.

Founder and CEO of Brandywine Legal Recruiting

Phone: 862-330-7507

Location: Pennsville, NJ

LinkedIn: linkedin.com/in/michael-rave-887b3984

www.brandywinelegalrecruitng.com

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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From Investment to User Surge: Influencio AI Successfully Builds the Most Popular AI Social Platform

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Influencio: Shaping the Future of AI-Driven Social PlatformsAs a pioneer in AI-powered social technology, Influencio is transforming the digital landscape through its advanced user interaction model. By deeply integrating AI with social networks, Influencio offers brands intelligent management solutions that enhance user loyalty and drive effective brand promotion. Through its AI-driven engagement system and point-reward incentives, Influencio boosts user-brand interaction rates, delivering maximum exposure for brands while offering users comprehensive brand analysis. This approach is fuelling Influencio’s rapid global growth and solidifying its long-term potential.

Influencio: Shaping the Future of AI-Driven Social Platforms

As a pioneer in AI-powered social technology, Influencio is transforming the digital landscape through its advanced user interaction model. By deeply integrating AI with social networks, Influencio offers brands intelligent management solutions that enhance user loyalty and drive effective brand promotion. Through its AI-driven engagement system and point-reward incentives, Influencio boosts user-brand interaction rates, delivering maximum exposure for brands while offering users comprehensive brand analysis. This approach is fuelling Influencio’s rapid global growth and solidifying its long-term potential.

Remarkable Growth and User Engagement

Influencio’s global user base has surpassed 200,000 and continues to grow rapidly. On the social media front, the platform has over 50,000 Twitter followers and an active Telegram community of over 10,0000+ size. In addition, more than 60,000 users interact with the brand’s avatar ai through the mini app every day, and the number of UAUs (Users and AIs communicating with each other) reaches 300K per day, which fully demonstrates Influencio’s strong appeal and commercialization potential.

Strategic Partnerships Fuel Innovation

Leveraging its innovative AI technology, Influencio’s AI Bot efficiently connects KOLs, brands, and users, offering around-the-clock expertise, emotional engagement, and targeted brand exposure. This model not only enhances user experience but also boosts brand market impact. Such innovation has drawn the attention of leading investment firms, with PlutusVC INC leading a $3 million angel round, supported by Unionblock VC, RioFund, and Firefly Capital.

Since launching its mini app, Influencio has partnered with Octocraze,and Airdrop2049, resulting in over 1.5 million brand exposures. These collaborations highlight the platform’s strong traffic-driving capabilities, with users expressing high satisfaction and trust in the AI Bot. The app’s daily active users (DAU) represent 30% of its registered users, and in October alone, several brands joined the platform, further reinforcing Influencio’s market presence.

Expanding KOL Collaborations

Influencio has secured deep partnerships with over 500 KOLs from various industries worldwide. These influencers will soon launch their AI Bots on Influencio, enhancing user interaction while providing brands with broader exposure and market influence.

Growth Vision

In Q4 2024, Influencio will focus on expanding its user base and platform ecosystem, aiming to surpass 1 million users and build a community of over 300,000 active members. The platform plans to introduce new services and features to further enhance user interaction and engagement.

Looking ahead to 2025, Influencio aims to launch more advanced AI-driven social bots, delivering deeper personalization and intelligent interactions. With a goal of reaching 10 million users, Influencio is committed to pushing the boundaries of innovation and establishing itself as a leading force in social networking. Influencio invites users, influencers, and brands to join in reshaping human connections, engagement, and earning opportunities in the digital age.

Source from Official Posting on their social and accesswire.

Octocraze, https://x.com/Octocraze/status/1828720026410783069

Airdrop2049, https://x.com/airdrop2049/status/1826461231789867293

Plutusvc: https://x.com/plutusvc/status/1479639010284867587?s=46&t=t5C3GilXxeiGiWS3KOAx0Q

https://www.accesswire.com/681248/influencio-receives-strategic-investments-from-plutusvc-inc-investor-of-polkadot-mantradao-and-eos-and-other-venture-funds-riofund-unionblock-vc-and-firefly-capital

Media Contact

Organization: Influencio

Contact Person: Danjal Kanani

Website: https://influencio.io

Email: Send Email

City: Stockholm

State: sztockholm

Country: Sweden

Release Id: 23092417288

The post From Investment to User Surge: Influencio AI Successfully Builds the Most Popular AI Social Platform appeared on King Newswire. It is provided by a third-party content provider. King Newswire makes no warranties or representations in connection with it.

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Crypto Proprietary Trading Firm HyroTrader Experiences Rapid Growth

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Prague, Czech Republic, 23rd September 2024, ZEX PR WIRE, Founded by Samuel Drnda in August 2023, HyroTrader has quickly emerged as a leading name in the crypto proprietary trading space. Over the past 12 months, the firm has attracted more than 3,800 active crypto traders and paid out over $450,000 to funded traders, demonstrating its strong market appeal and rapid growth trajectory.

Since the launch of its Minimum Viable Product (MVP), HyroTrader has consistently achieved a 51% month-on-month revenue increase. This accelerated growth underscores the firm’s innovative approach and commitment to supporting experienced crypto traders with the resources they need to thrive. Additionally, HyroTrader is actively developing its own technology trading aggregator with connections to multiple exchanges, allowing traders to link multiple exchange accounts, monitor trading statistics, and access advanced trading tools to enhance their strategies.

Crypto Prop Firm Focused on Experienced Crypto Traders

HyroTrader’s primary focus is on empowering experienced crypto traders, offering them the opportunity to trade directly on major platforms such as ByBit. Unlike many competitors who rely on white-label platforms with limited liquidity and manipulated trading conditions, HyroTrader uses third-party exchanges, ensuring transparency and fair trading conditions. Traders can even connect their personal accounts, reinforcing the firm’s commitment to openness and trustworthiness.

In line with its expansion goals, HyroTrader is preparing to extend its services to Asia and the Middle East. This international growth strategy positions the company to tap into new markets while catering to the diverse needs of global traders.

Looking forward, HyroTrader aims to support the top 10 crypto trading platforms, a development that will provide a significant competitive edge. This move will enhance liquidity and broaden trading options, distinguishing HyroTrader from competitors.

Self-Funded and Community-Driven

HyroTrader’s growth has been entirely self-funded, with no external investors or debt. Despite offers to sell a significant portion of the company, HyroTrader has chosen to remain independent, ensuring the firm is governed by its community of traders rather than outside interests. This trader-focused approach allows HyroTrader to operate with flexibility and autonomy, making decisions in the best interest of its users.

To further strengthen its community, HyroTrader has launched a range of educational courses designed to help traders develop their skills. The firm is also hosting crypto trading competitions where traders can compete and win prizes, fostering an interactive and competitive learning environment. Moreover, HyroTrader offers an educational mentor program where traders can book consultations with experienced mentors, providing personalized guidance for those looking to refine their strategies.

Shariah-Compliant Trading for Muslim Traders

In a bid to cater to a broader global audience, HyroTrader has introduced a unique trading product for Muslim traders, allowing them to trade on the spot market without leverage. This offering is designed specifically for those who adhere to Shariah law, which prohibits interest (riba), excessive uncertainty (gharar), and gambling (maysir). By removing leverage from trades, HyroTrader ensures compliance with these religious principles, making crypto trading accessible to a previously underserved market segment.

HyroTrader’s compliance extends to ensuring traders use their own verified accounts from exchanges, adding an extra layer of trust and security for users. The platform operates under full business authorization, allowing it to conduct crypto-related activities legally and transparently.

What Is HyroTrader?

HyroTrader operates as an evaluation-based crypto proprietary trading firm. Traders undergo a two-step evaluation process: the first stage requires a 10% gain, followed by a 5% gain in the second stage. Successful traders are granted funded accounts with up to $200,000 in simulated capital.

Once a trader passes the evaluation, they receive 70-90% of the profits generated from their funded account. HyroTrader’s business model is built on charging an evaluation fee for those seeking to enter the program. The firm also copies successful traders’ strategies via API directly onto crypto exchanges, creating a symbiotic relationship where traders and the company benefit from successful trading.

A Strong, Experienced Team

HyroTrader is backed by a highly skilled team of entrepreneurs, crypto traders, and developers, all with extensive experience in building scalable products. Originally launched as a different platform in 2022, the team pivoted to the current HyroTrader model after recognizing the potential for greater market impact in the crypto space. This strategic shift has been key to the firm’s rapid success.

Inspired by the Success of Forex Prop Trading Firms

Prop trading firms have gained immense popularity, especially in the forex space, with firms like FTMO achieving significant financial milestones. In 2023, FTMO reported $213 million in revenue, with $100 million in profit. Inspired by this success, HyroTrader has developed a similar platform for crypto traders, offering unique opportunities for those operating in the burgeoning digital asset markets.

While forex prop trading firms like FTMO are focused on FX, equities, and commodities through CFD (Contract for Difference) brokers, HyroTrader’s model is specifically designed for crypto traders. Rather than trading CFDs, HyroTrader’s users trade futures and spot markets directly on crypto exchanges, providing a more direct and transparent experience.

Positioned for Long-Term Success

With an estimated 35-50 million active crypto traders globally and only a few competitors, HyroTrader is strategically positioned to become a major player in the crypto prop trading space. The firm’s transparent approach, focus on third-party exchanges, and innovative product offerings—such as Shariah-compliant trading—make it an appealing option for a diverse and growing global trading community.

As part of its growth strategy, HyroTrader is not only expanding into new regions but is also continuously refining its product offerings to better serve its users. The platform’s comprehensive features, including trading aggregators and statistical tools, position it as a valuable resource for traders aiming for long-term success. As the crypto trading market continues to grow, HyroTrader’s unique value proposition and strong market positioning put it on a path toward long-term success.

For more information, visit HyroTrader’s website.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Samuel Drnda Launches Evaluation-Based Crypto Prop Trading Firm, HyroTrader

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Prague, Czech Republic, 23rd September 2024, ZEX PR WIRE, Samuel Drnda, an accomplished tech entrepreneur and founder of HyroTrader, has launched his latest venture: a platform that offers experienced crypto traders the opportunity to prove their skills through an innovative evaluation-based system.

Samuel Drnda, now 27, is quickly establishing himself as one of the visionary tech founders reshaping industries. With HyroTrader, his latest venture, Samuel aims to solve a pressing challenge for skilled crypto traders: providing meaningful trading opportunities without the need to risk large amounts of personal capital.

A Serial Entrepreneur Turned Innovator in Crypto Trading

Samuel’s entrepreneurial journey began early, mirroring the paths of some of the most successful tech founders. At just 20 years old, he co-developed an artificial intelligence and robotic process automation tool tailored for social media. His innovation rapidly attracted thousands of clients, showcasing his ability to spot market needs and build scalable solutions.

By the age of 22, Samuel had founded a performance marketing agency, specializing in fast-growing industries such as crypto, forex, gaming, and SaaS. Under his leadership, the agency grew to over 40 employees and generated millions in monthly revenue for its clients. Despite this success, Samuel realized he wanted to shift his focus from developing products for others to building something entirely his own.

Discovering a Passion for Crypto and Trading

Like many successful tech entrepreneurs, Samuel’s next move came from following his passion. In 2022, at 24, he launched HyroTrade, a CFD crypto trading platform that quickly attracted over 3,000 users.

During this time, Samuel also gained valuable insights working as an arbitrage crypto trader at Golem Trading, a Prague-based traditional crypto trading firm. There, he learned from some of the brightest minds in the crypto industry and deepened his understanding of the market. Through these experiences, Samuel recognized the need for a platform that could empower talented crypto traders to prove themselves without having to risk large sums of their own money.

This realization led Samuel to pivot from HyroTrade and launch HyroTrader, an evaluation-based platform specifically designed for crypto traders. Drawing inspiration from the success of forex prop firms like FTMO, HyroTrader gives crypto traders a chance to demonstrate their skills and earn funded accounts through a structured evaluation process.

HyroTrader is also actively developing its own trading aggregator technology, connecting multiple trading exchanges. This will allow traders to manage multiple exchange accounts, view comprehensive trading statistics, and utilize HyroTrader as a versatile tool to assist with trading strategies.

Providing Simulated Capital, Creating Real Opportunities

HyroTrader offers traders the opportunity to access up to $200,000 in simulated capital through a two-step evaluation process. Rather than providing real capital from the outset, the platform enables traders to showcase their abilities in a low-risk environment. Traders who meet the platform’s requirements—a 10% profit in the first stage, followed by a 5% gain in the second—qualify for a funded account, allowing them to retain 70-90% of the profits they generate.

In addition to the trading platform, HyroTrader has launched educational courses and crypto trading competitions, where traders can compete against each other to win prizes. The platform also offers an educational mentorship program, enabling traders to book consultations with experienced mentors, enhancing their skills and knowledge.

A Self-Funded Vision, Built on Independence

HyroTrader’s growth has been entirely self-funded, with Samuel declining offers from external investors. He believes that maintaining full control and independence is key to ensuring that the platform remains focused on serving its users.

HyroTrader’s future is rooted in being community-driven, with decisions guided by the needs and feedback of its traders rather than by outside investors. This reflects Samuel’s long-term vision of HyroTrader as more than just a trading firm—it’s a transparent, trader-first ecosystem that evolves alongside its user base.

Traders on HyroTrader will connect through their own verified accounts from multiple exchanges, ensuring that their trading activity is secure and legitimate.

Drawing Inspiration from Visionary Entrepreneurs

Samuel Drnda’s career path echoes that of other tech visionaries who have disrupted industries by providing innovative solutions to existing market problems. His entrepreneurial journey—from developing AI tools to running a successful marketing agency, and now, transforming the crypto trading space—reflects a deep understanding of both business and technology.

Samuel’s mission with HyroTrader is to create a platform that levels the playing field for traders worldwide. Much like how tech founders in other industries have democratized access to resources and opportunities, HyroTrader aims to offer traders the chance to prove their worth based on skill and strategy, not on how much capital they can afford to risk.

HyroTrader also plans to expand its reach into Asia and the Middle East, tapping into the rapidly growing markets in these regions, which boast millions of active traders and substantial trading volumes.

Positioned for Long-Term Success

In just 12 months since its August 2023 launch, HyroTrader has already gained over 3,800 traders and paid out more than $450,000 to successful traders. With a 51% month-on-month revenue growth and plans to support trading on the top 10 global crypto exchanges, HyroTrader is positioned for rapid expansion.

The firm’s unique evaluation-based model, emphasis on transparency, and commitment to building a community-driven platform are all key factors positioning HyroTrader as a future leader in the crypto prop trading space. With millions of active crypto traders worldwide and only a small number of competitors, HyroTrader has the potential to disrupt the market in much the same way that tech founders in other industries have revolutionized theirs.

For more information about HyroTrader, visit HyroTrader’s website.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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