Hoku filing eases reporting duties

The struggling firm has terminated its registration of shares with the SEC

By Alan Yonan Jr.

POSTED: 01:30 a.m. HST, Sep 11, 2012

~~<p>Honolulu-based Hoku Corp. has deregistered its shares with the Securities and Exchange Commission, a move that eliminates most regulatory reporting requirements for the financially troubled solar energy company.</p>
<p>Hoku officials filed a "Form 15" with the SEC on Friday, which served as notice that the company is terminating the registration of its shares with the SEC. The filing also suspended Hoku's duty to file certain reports with the SEC for a period of 90 days, with the exception of insider transaction and beneficial ownership reports. After that 90-day period, all reporting obligations will cease.</p>
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Honolulu-based Hoku Corp. has deregistered its shares with the Securities and Exchange Commission, a move that eliminates most regulatory reporting requirements for the financially troubled solar energy company.

Hoku officials filed a "Form 15" with the SEC on Friday, which served as notice that the company is terminating the registration of its shares with the SEC. The filing also suspended Hoku's duty to file certain reports with the SEC for a period of 90 days, with the exception of insider transaction and beneficial ownership reports. After that 90-day period, all reporting obligations will cease. Login for more...