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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year
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The term 'large accelerated filer' refers to a classification of public companies in the United States that meet certain criteria defined by the Securities and Exchange Commission (SEC). These companies typically have a market capitalization of at least $700 million and must comply with specific reporting requirements.
Public companies that meet the SEC's criteria for large accelerated filers are required to file their reports as large accelerated filers. These criteria generally include having a public float of $700 million or more.
To fill out the definitions of large accelerated, a company must complete its SEC filings, such as Form 10-K and Form 10-Q, indicating its status as a large accelerated filer. This involves providing relevant financial disclosures and complying with SEC regulations.
The purpose of defining large accelerated filers is to establish specific regulatory requirements that enhance transparency and accountability for larger public companies, ensuring that investors receive timely and adequate information.
Large accelerated filers must report comprehensive financial information, including financial statements, management's discussion and analysis, auditor's opinion, and disclosures regarding corporate governance and risk factors.
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