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UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q (Mark One) X QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly
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A non-accelerated filer refers to a company that does not meet the requirements to be classified as an accelerated filer or a large accelerated filer. It is a term used in the context of filing financial reports with the Securities and Exchange Commission (SEC).
Companies that do not meet the criteria for being an accelerated filer or a large accelerated filer are required to file as a non-accelerated filer. These criteria are based on factors such as public float and annual revenues.
Filing as a non-accelerated filer usually involves completing and submitting financial reports and forms to the SEC. The specific requirements and forms can vary depending on the company, but typically include the submission of annual reports (e.g., Form 10-K), quarterly reports (e.g., Form 10-Q), and other relevant filings.
The purpose of filing as a non-accelerated filer is to provide transparency and accountability to investors and regulatory authorities. It ensures that companies that do not meet the criteria for accelerated or large accelerated filer status still comply with SEC reporting requirements and provide relevant financial information.
When filing as a non-accelerated filer, companies must report various financial information, including but not limited to income statements, balance sheets, cash flow statements, and notes to the financial statements. The specific requirements may vary based on the applicable accounting standards and SEC regulations.
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