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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 1934For the quarterly
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A large accelerated filer is a category of public companies defined by the SEC that meet specific criteria, primarily relating to market capitalization and filing history, allowing them to file their reports on a more accelerated schedule.
Public companies that have a public float of $700 million or more, have been an SEC reporting company for at least 12 months, and are not eligible to use the smaller reporting company or emerging growth company status are required to file as large accelerated filers.
Large accelerated filers typically use Form 10-K, 10-Q, and other forms as required by the SEC, providing detailed financial disclosures and adhering to SEC rules for presentation and timing.
The purpose of large accelerated filer regulations is to ensure that larger public companies provide timely and comprehensive financial disclosures to investors, enhancing market efficiency and investor protection.
Large accelerated filers must report financial statements, management’s discussion and analysis, disclosures on internal controls, and information about executive compensation, among other required disclosures.
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