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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549FORM 10Q(Mark One)? QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly
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An emerging growth company (EGC) is a company that is in its initial public offering (IPO) phase and meets specific criteria set forth by the Securities and Exchange Commission (SEC), primarily focusing on companies with total annual gross revenues of less than $1.07 billion.
Emerging growth companies that want to go public must file registration statements and other required documentation with the SEC, following the rules that apply to their growth category.
Filing as an emerging growth company requires completing Form S-1 or Form S-3, which includes general company information, financial statements, and risk factors relevant to investors.
The purpose is to encourage capital formation and simplify the regulatory burden for smaller companies, allowing them easier access to public markets.
Emerging growth companies must report financial statements, management discussion and analysis, compensation information for executives, and any potential risks, among other disclosures.
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