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Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10Q (Mark One)x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
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An emerging growth company (EGC) is a company that is in its initial stages of growth and has certain advantages under the law, such as reduced disclosure requirements.
Emerging growth companies that wish to access capital markets through initial public offerings (IPOs) or other securities offerings are required to file with the Securities and Exchange Commission (SEC).
To fulfill filing requirements as an emerging growth company, corporations must complete the appropriate forms and disclosures required by the SEC, including Form S-1 for IPOs.
The purpose of the designation as an emerging growth company is to encourage the growth of smaller companies by easing regulatory burdens and reducing compliance costs.
Emerging growth companies must report financial statements, business descriptions, risk factors, and executive compensation, among other relevant disclosures.
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