Going-Private Transactions Filed per Month (Schedule 13E-3)

## What this measures

How many original Schedule 13E-3 statements were filed in the month. One is required when a company or an affiliate (management, a controlling holder, often with a private equity sponsor) does a deal that will take the company private.

## Why it matters

Take-privates show where insiders and sponsors think public markets undervalue a company, and how much private capital is willing to pay to leave the market. They also shrink the listed universe.

## How to read it

Higher means more affiliate-led take-private deals. Counts are small; compare whole years or a trailing average.

## What it does not say

Only affiliate transactions need Schedule 13E-3: a take-private by an unrelated buyer with no insider role does not file one, so this is not a count of all take-private deals. It counts filings, not completed deals, and says nothing about deal value.

## How it's built

Palanor counts original SC 13E3 filings (not amendments) by filing date, one per accession, with the subject company from the filing's header. History starts in January 2001. A daily job reads the daily form indexes. A month is written once its last days are in.

## Source

U.S. Securities and Exchange Commission, EDGAR full and daily form indexes (sec.gov/Archives/edgar) and each filing's EDGAR header. Public domain: "Information presented on sec.gov is considered public information and may be copied or further distributed by users of the web site without the SEC's permission" (SEC website dissemination policy, sec.gov/about/privacy-information).