SEC Administrative Proceeding Order - Horizon Thread (PTY) Ltd

SEC: ALJ Procedural Orders

Filed December 2nd, 2025

Detected March 14th, 2026

Summary

The SEC issued an administrative order regarding Horizon Thread (PTY) Ltd, setting deadlines for filing an answer and a joint report. The order follows the respondent's stipulation to service and waiver of certain requirements in an ongoing administrative proceeding concerning its registration statement.

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What changed

The Securities and Exchange Commission (SEC) has issued an administrative order in the proceeding against Horizon Thread (PTY) Ltd (File No. 3-22554). The order confirms the respondent's stipulation to service of the order instituting proceedings and waiver of service requirements, agreeing to accept service via email. Key deadlines are established: an answer to the order instituting proceedings and a notice of appearance are due by December 8, 2025. Additionally, parties must file a joint report by December 8, detailing anticipated hearing presentations, witness testimony, exhibits, claims/defenses, participation methods, and expected attendees.

This order requires immediate attention from Horizon Thread (PTY) Ltd. Failure to meet the December 8 deadlines for the answer, notice of appearance, and joint report could result in further procedural actions or adverse rulings. The hearing is scheduled for December 15, 2025, and the respondent must be prepared to participate. Compliance officers should ensure all required filings are made by the specified dates to avoid potential penalties or disruptions to the registration process.

What to do next

File an answer to the Order Instituting Proceedings by December 8, 2025.
File a notice of appearance by December 8, 2025.
File a joint report addressing hearing presentation summaries, participation methods, and expected attendees by December 8, 2025.

Source document (simplified)

UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Administrative Proceedings Rulings Release No. 6953 / December 2, 2025 Administrative Proceeding File No. 3-22554 In the Matter of the Registration Statement of Horizon Thread (PTY) Ltd Order Following Service On November 28, 2025, Respondent stipulated to service of the order instituting proceedings (OIP) and agreed to waive the service requirements in Section 8(d) of the Securities Act of 1933, 15 U.S.C. § 77h(d). Respondent further agreed to service of all papers in this proceeding by email. Accordingly, Respondent must file an answer to the OIP by December 8. OIP at 3; 17 C.F.R. § 201.220. Respondent is also directed to file a notice of appearance pursuant to Rule 102(d), 17 C.F.R. § 201.102(d). Per my prior order, the hearing will be held on December 15, 2025, at 10 a.m. Eastern, via remote means and/or at Commission Headquarters in the ALJ Hearing Room, 100 F Street, N.E., Washington, D.C. 20549. The court reporter is to be arranged by the Division of Enforcement. I further ORDER that by December 8, the parties must file a joint report addressing the following issues: 1) A summary of each party’s anticipated hearing presentation, including a list of any exhibits and anticipated witness testimony, and a summary of any claims or defenses. 2) Whether Respondent intends to participate in the December 15 hearing in person or by remote means. 3) A list of expected hearing participants and attendees from each party. /s/ Dean C. Metry Chief Administrative Law Judge