The Corporate Relations Superintendency of the Brazil Securities Commission (CVM) has published a notice identifying nine listed companies as delinquent for failing to submit at least one required periodic filing for a minimum of three months. The notice is intended to alert investors and the public to take the missing disclosures into account in dealings with the issuers and in investment decisions. The outstanding filings include the Standardized Financial Statements form (DFP), Quarterly Information form (ITR) and Reference Form (FRE), where the submission deadline was before 3 April 2025 and the document had not been delivered. The companies named are BBM Logística S.A., Bombril S.A. (in judicial recovery), Cia Tecidos Santanense (in judicial recovery), Reag Capital Holding S.A., Reag Investimentos S.A., Rossi Residencial S.A. (in judicial recovery), SPE Novo Norte Aeroportos S.A., Sugoi S.A., and Teka Tecelagem Kuehnrich S.A. (in judicial recovery). Companies recorded by CVM as bankrupt or in liquidation, as well as issuers whose registration is already suspended under CVM Resolution 80, are excluded from the list. Article 57 of CVM Resolution 80 provides that the Corporate Relations Superintendency must suspend an issuer’s registration if it remains in breach of periodic reporting obligations for more than 12 months.
Brazil Securities Commission (CVM) 2025-07-04
Brazil Securities Commission flags nine listed companies as delinquent for failing to file periodic reports
The Corporate Relations Superintendency of the Brazil Securities Commission (CVM) identified nine listed companies as delinquent for not submitting required filings for at least three months. The notice informs investors and the public about missing disclosures, including the Standardized Financial Statements, Quarterly Information, and Reference Forms. Companies in judicial recovery, bankruptcy, liquidation, or with suspended registration under CVM Resolution 80 are excluded.