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2013年6月30日 · If an EGC chooses to take advantage of the extended transition period, the company can later decide otherwise (i.e., “opt in” by complying with the financial accounting standard effective dates applicable to non-EGCs), so long as it complies with the requirements in Sections 107(b)(2) and (3) of the JOBS Act, which state that an EGC may not ...

Generally, a company must re-determine annually if it still qualifies as a SRC and/or EGC. Public companies must closely monitor their filer status (i.e., non-accelerated, accelerated, or large accelerated) and whether they continue to qualify as a SRC or an EGC to ensure they are complying with all applicable disclosure and reporting requirements.

2015年12月21日 · If a company ceases to qualify as an emerging growth company after it submits a draft registration statement or publicly files a registration statement - for example, since the initial submission date, a fiscal year has been completed with revenues over $1 billion - the company will continue to be treated as an EGC until the earlier of the date ...

2022年9月9日 · To carry out this statutory directive, the SEC adopted amendments to Securities Act Rule 405 and Exchange Act Rule 12b-2 to reflect within the EGC definition an inflation-adjusted annual gross revenue threshold from $1,070,000,000 to $1,235,000,000.

An EGC is a company with annual revenue of less than $1.0 billion for its most recently completed fiscal year, subject to disqualification events.3 Companies with less than $250 million in annual revenue accounted for almost 85% of EGC IPOs that priced after April 5, 2012. FPIs comprised almost 10% of priced EGC IPOs during that period.

2020年10月30日 · Title I of the JOBS Act, which was effective as of April 5, 2012, created a category of issuers called “emerging growth companies,” whose financial reporting and disclosure requirements in certain areas differ from other categories of issuers. A Smaller Reporting Company (“SRC”) can also be eligible to be an EGC. See Topic 10.

2016年12月31日 · Includes (1) public business entities as defined in the Accounting Standards Codification Master Glossary, (2) not-for-profit entities that have issued, or is a conduit bond obligor for, securities that are traded, listed, or quoted on an exchange or an over-the-counter market, and (3) employee benefit plans that file or furnish financial statements to the SEC.

Finally, we add the rounded increase, $235,000,000, to the initial EGC revenue threshold, $1,000,000,000, which yields an inflation-adjusted EGC revenue threshold of $1,235,000,000. The amendments to the “emerging growth company” definitions in Securities Act Rule 405 and Exchange Act Rule 12b-2 we are adopting reflect this adjusted threshold.

2008年9月30日 · An EGC that chooses not to take advantage of the extended transition provision must make such choice at the time the company is first required to file a registration statement, periodic report or other report, and must notify the Commission of such choice. Note that the decision to forego the extended transition period is irrevocable.