Form 1-U/A Filings

What Is SEC Form 1-U/A?

SEC Form 1-U/A is an amended current report filed under Regulation A. It is used when an issuer needs to correct, update, or supplement information previously reported on Form 1-U after the original current report has already been submitted.

This form is typically filed to address errors, add omitted information, clarify previously reported disclosures, or provide updated information concerning an event reported on the original Form 1-U. A Form 1-U/A allows the issuer to maintain an accurate public disclosure record while preserving the relationship between the amendment and the original Form 1-U filing.

Form 1-U/A supports transparency by providing a formal mechanism for amending a prior Regulation A current report. While the underlying Form 1-U is generally triggered by a specified reportable event, Form 1-U/A is filed when information in that report requires correction, clarification, or supplementation.

Key elements typically found in SEC Form 1-U/A include:

• Identification of the previously filed Form 1-U being amended
• Description of the event originally reported
• Identification of the applicable Form 1-U item or items
• Explanation of the information being corrected, supplemented, or updated
• Revised disclosure responsive to the applicable Form 1-U item
• Updated or corrected exhibits, where applicable
• Signature and authorized filing information

Researchers can use the SEC Forms Index to distinguish Form 1-U/A from the original current report and other Regulation A amendment and periodic-reporting form types.

SEC Form 1-U/A Filing Deadlines

SEC Form 1-U/A is generally filed on a corrective or supplemental basis rather than according to a recurring calendar deadline. The underlying Form 1-U is generally due within four business days after a reportable event, unless the applicable item provides otherwise, while an amendment is submitted when the issuer determines that the prior disclosure needs to be corrected or supplemented.

Investors and compliance teams can use a real-time EDGAR database to follow Form 1-U/A submissions and compare amendments with the issuer’s original event disclosure and subsequent Regulation A filings.

Key Things to Know About Form 1-U/A Filing Rules

• Amends a Prior Form 1-U: Form 1-U/A is used to revise information contained in an existing current report rather than to create an unrelated reporting event.
• Corrective or Supplemental in Nature: Issuers may use the amendment to correct inaccurate information, provide missing details, or update disclosure relating to the event previously reported.
• Original Form 1-U Timing Still Matters: The amendment does not replace the issuer’s obligation to make the original Form 1-U filing within the applicable event-driven deadline.
• The Amendment Should Identify What Changed: Form 1-U/A should allow readers to understand which prior disclosures are being corrected, supplemented, or updated.
• Ongoing Reporting Continues: Filing an amendment does not replace other Regulation A reporting obligations. Tier 2 issuers may continue to file annual reports on Form 1-K and semiannual reports on Form 1-SA, as applicable.
• Becomes Part of the EDGAR Record: The original Form 1-U and its amendment remain part of the issuer’s filing history and can be reviewed together.

Analysts can follow Regulation A offerings to connect Form 1-U/A amendments with the issuer’s offering history, current reports, periodic disclosures, and other Regulation A activity.

The amendment can also be reviewed in the context of the issuer’s original Form 1-A filings to understand how later material events and corrections relate to the company’s original offering disclosures.