RE:Peak Fintech Provides Update Doesn't sound like it should end up being that big of a deal.
The form 40-F has to be comlpleted by Canadian companies that have securities registered in the US.
The form 40-F includes elements susch as explaning a business overview, explantation of strategy, end markets served, industry structure, and competitive advantage.
Aftrer securities commence trading, the Canadian company must update and file the same form on an annual basis.