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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10Q? QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended
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An emerging growth company (EGC) is defined as a company with total annual gross revenue of less than $1.07 billion during its most recent fiscal year and is able to take advantage of certain regulatory exemptions under the JOBS Act.
An emerging growth company that plans to conduct an initial public offering (IPO) or raise capital through securities offerings must file certain disclosures with the SEC.
Filing as an emerging growth company generally involves completing relevant SEC forms like Form S-1 for registration. Companies must also provide required disclosures about business operations, financial statements, and risk factors.
The purpose of classification as an emerging growth company is to provide these companies with certain regulatory relief and flexibility to encourage capital formation.
Emerging growth companies must report information such as financial results, management discussion, executive compensation, and risk factors, although they may be exempt from some requirements applicable to larger public companies.
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