Social Media Disclosures
On April 2, 2013, the SEC issued a Report of Investigation in which it announced that the Commission had determined not to pursue an enforcement action against Netflix, Inc. for alleged violations of Regulation Fair Disclosure, Section 13(a) of the Securities Exchange Act and Rules 13a-11 and 13a-15 thereunder, relating to the disclosure of material information selectively over social media. This report makes clear that “companies can use social media outlets like Facebook and Twitter to announce key information in compliance with Regulation Fair Disclosure (Regulation FD), so long as investors have been alerted about which social media will be used to disseminate such information. Logiq, Inc (Logiq) is filing this 8k pursuant to that report to provide such information.
The SEC’s Report of Investigation provided guidance to issuers such as Logiq regarding the use of social media to disclose material non-public information. In this regard, investors and others should note that we announce material financial information to our investors using our investor relations website (https://logiq.com/ir/), SEC filings, press releases, public conference calls and webcasts. We use these channels as well as social media to communicate with our subscribers and the public about our company, our services and other issues. It is possible that the information we post on social media could be deemed to be material information. Therefore, in light of the SEC’s guidance, we encourage investors, the media, and others interested in our company to review the information we post on the U.S. social media channels listed below. This list may be updated from time to time on Logiq’s investor relations website.
Logiq Facebook Page (https://www.facebook.com/logiqincLGIQ)
Logiq Twitter Feed (https://twitter.com/LogiqInc)
Logiq LinkedIn Page (http://linkedin.com/company/logiqinc/)