On June 7, 2024, Baidu, Inc., the Chinese multinational technology company specializing in Internet-related services and products, filed a Form S-8 registration statement with the Securities and Exchange Commission (SEC). The filing pertains to the company's 2023 Share Incentive Plan, which is designed to provide equity incentives to employees. Baidu, headquartered in Beijing, China, is incorporated in the Cayman Islands and has designated Puglisi & Associates as its agent for service in the United States. The Form S-8 registration statement is a legal requirement for companies that wish to issue equity to their employees under a stock-based compensation plan. The documents incorporated by reference in the registration include Baidu's annual report on Form 20-F for the year ended December 31, 2023, and...Show More

On June 7, 2024, Baidu, Inc., the Chinese multinational technology company specializing in Internet-related services and products, filed a Form S-8 registration statement with the Securities and Exchange Commission (SEC). The filing pertains to the company's 2023 Share Incentive Plan, which is designed to provide equity incentives to employees. Baidu, headquartered in Beijing, China, is incorporated in the Cayman Islands and has designated Puglisi & Associates as its agent for service in the United States. The Form S-8 registration statement is a legal requirement for companies that wish to issue equity to their employees under a stock-based compensation plan. The documents incorporated by reference in the registration include Baidu's annual report on Form 20-F for the year ended December 31, 2023, and the description of the company's Class A ordinary shares. The registration statement also outlines the indemnification provisions for Baidu's directors and officers, and the maintenance of a liability insurance policy for them. The company has confirmed that it meets all requirements for filing on Form S-8 and has obtained the necessary consents and legal opinions as part of the filing process.