Company: LSEB
Filing Date: 2025-07-15
Form Type: 10-K
Source: 0001199835-25-000233
Chunk: 40

Company: LSEB Creative Corp.
Filing Date: 2025-07-15
Form: 10-K
Item: Item 1
Chunk 40
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 generally equity securities with a price of less than $5.00, other than securities registered on certain
national securities exchanges or quoted on the NASDAQ Stock Market System, provided that current price and volume information with respect
to transactions in such securities is provided by the exchange or quotation system. The penny stock rules require a broker-dealer, prior
to a transaction in a penny stock, to deliver a standardized risk disclosure document prepared by the Commission, that:

    ●
    contains
    a description of the nature and level of risks in the market for penny stocks in both public offerings and secondary trading;

30

    ●
    contains
    a description of the broker’s or dealer’s duties to the customer and of the rights and remedies available to the customer
    with respect to a violation to such duties or other requirements of Securities’ laws; contains a brief, clear, narrative description
    of a dealer market, including bid and ask prices for penny stocks and the significance of the spread between the bid and ask price;

    ●
    contains
    a toll-free telephone number for inquiries on disciplinary actions;

    ●
    defines
    significant terms in the disclosure document or in the conduct of trading in penny stocks; and

    ●
    contains
    such other information and is in such form, including language, type, size and format, as the Commission shall require by rule or
    regulation.

The
broker-dealer also must provide, prior to effecting any transaction in a penny stock, the customer with:

    ●
    bid
    and offer quotations for the penny stock;

    ●
    the
    compensation of the broker-dealer and its salesperson in the transaction;

    ●
    the
    number of shares to which such bid and ask prices apply, or other comparable information relating to the depth and liquidity of the
    marker for such stock; and

    ●
    monthly
    account statements showing the market value of each penny stock held in the customer’s account.

In
addition, the penny stock rules that require that prior to a transaction in a penny stock not otherwise exempt from those rules; the
broker-dealer must make a special written determination that the penny stock is a suitable investment for the purchaser and receive the
purchaser’s written acknowledgement of the receipt of a risk disclosure statement, a written agreement to transactions involving
penny stocks, and a signed and dated copy of a written suitably statement.

These
disclosure requirements may have the