What does it mean to be an accelerated filer?

What does it mean to be an accelerated filer?

Accelerated Filer Conditions Large Accelerated Filer Conditions. The issuer has a public float of $75 million or more, but less than $700 million, as of the last business day of the issuer’s most recently completed second fiscal quarter.

What is the filing deadline for a Form 10-K for non-accelerated filers?

General Filing Deadlines

How do you determine if you are a large accelerated filer?

Large Accelerated Filer – a public float of $700 million or more and is not an SRC under the SRC revenue test referenced below;[3] Accelerated Filer – a public float of $75 million or more, but less than $700 million and is not an SRC under the SRC revenue test referenced below;[4] or.

What is the difference between accelerated filer and non-accelerated filer?

Similarly, a large accelerated filer will become an accelerated filer if its public float falls below $500 million as of the last business day of its most recently completed second fiscal quarter determined at the end of the fiscal year, or it will become a non-accelerated filer if its public float falls below $50 …

Can you be both an accelerated filer and a smaller reporting company?

A registrant may qualify as a smaller reporting company at the same time it may also qualify as an accelerated filer, large accelerated filer, or non-accelerated filer.

What is a non-accelerated filer?

A reporting company that does not meet the requirements to be an accelerated filer or a large accelerated filer (see Rule 12b-2 under the Exchange Act). A non-accelerated filer has a public float of less than $75 million.

How long do you have to file a 10-Q?

Companies must file their 10-Qs 40 or 45 days after the end of their quarters, depending on the size of their public float. A snapshot of the company’s financial position, Form 10-Q provides investors with information they can compare to previous periods and use to evaluate the outlook for the stock’s performance.

What is a 10k report?

A 10-K is a comprehensive report filed annually by public companies about their financial performance. The report is required by the U.S. Securities and Exchange Commission (SEC) and is far more detailed than the annual report.

Who is a non-accelerated filer?

Can a smaller reporting company be an accelerated filer?

Is an EGC an accelerated filer?

its total annual gross revenues are $1.07 billion or more. it has issued more than $1 billion in non-convertible debt in the past three years or. it becomes a “large accelerated filer,” as defined in Exchange Act Rule 12b-2.

What qualifies as a smaller reporting company?

An entity is a smaller reporting company if it has annual revenues of less than $100 million and either (1) no public float (because it has no public equity outstanding or no public trading market for its equity exists) or (2) a public float of less than $700 million.