US Citizenship & Immigration Services (USCIS) announced that they have received enough electronic registrations during the initial period to reach the FY 2021 H-1B numerical allocations for the H-1B cap. The agency randomly selected from among the electronic registrations that were properly submitted. USCIS will notify petitioners with selected registrations no later than March 31, 2020, that they are eligible to file an H-1B cap-subject petition for the beneficiary named in the selected registration. Registrants’ online accounts will now show one of the following statuses for each registration (i.e, for each beneficiary registered):

Submitted: A registration status may continue to show “Submitted” after the initial selection process has been completed. “Submitted” registrations will remain in consideration for selection until the end of the fiscal year, at which point all registration statuses will be Selected, Not Selected, or Denied.
Selected: Selected to file an FY 2021 H-1B cap-subject petition.
Denied: A duplicate registration was submitted by the same registrant for the same beneficiary, or a payment method was declined and not reconciled. If denied as a duplicate registration, all registrations you submitted for this beneficiary for the fiscal year are invalid.

USCIS notes that only petitioners with selected registrations may file H-1B cap-subject petitions for FY 2021, and only for the beneficiary listed in the selected registration notice.

UPDATE FEBRUARY 22, 2021: USCIS announced they have received a sufficient number of petitions to reach the congressionally mandated 65,000 H-1B visa regular cap and the 20,000 H-1B visa US advanced degree exemption (master’s cap) for FY 2021 cap. The agency announced they completed sending non-selection notifications to registrants’ online accounts and the status for registrations properly submitted for the FY 2021 cap but that were not selected will now show as: “Not Selected: Not selected for this fiscal year.”