# Schedule TO

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**Schedule TO** is a required filing form of the United States [Securities and Exchange Commission](/source/Securities_and_Exchange_Commission).

Under the United States federal [Securities Exchange Act of 1934](/source/Securities_Exchange_Act_of_1934), parties who will own more than five percent of a class of a company's securities after making a tender offer for securities registered under the Act must file a Schedule TO with the SEC. The SEC also requires any person acquiring more than five percent of a voting class of a company's Section 12 registered equity securities directly or by tender offer to file a [Schedule 13D](/source/Schedule_13D).

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