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News & Blog


News & Blog

Wilmarth and Associates - Taking Notes

Following merger, acquisition or divestiture, all material changes must be submitted to DDTC within five days after the effective date. DDTC strongly recommends that you make your 5-day MAD material changes directly in DECCS Registration and attach your 5-day MAD material change notification letter as part of the submission. Failure to submit 5-day MAD material changes directly in DECCS and attaching your 5-day MAD material change notification letter will cause significant delays in review and completion of your MAD material change request.

Registered entities involved in mergers, acquisitions or divestitures which result in a foreign (i.e., non-US) person owning or controlling a registrant “or any entity thereof” are required to notify DDTC 60-days in advance of any intended sale or transfer.

Please contact our office if you require assistance regarding MAD changes to your registration.

This Blog is made available by Wilmarth & Associates for educational purposes as well as to give you general information and a general understanding of export law and compliance, not to provide specific legal advice. This blog is not legal advice and should not be treated as such. You must not rely on this blog as an alternative to legal advice from your attorney or other professional legal services provider. The information provided on this website is presented “as is” without any representations or warranties, express or implied.
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