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Table of ContentsUNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549FORM 10Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly
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01
Determine if the company meets the criteria for an accelerated filer, which includes public float and revenue thresholds.
02
Complete the appropriate sections of Form 10-K or 10-Q, ensuring compliance with SEC rules.
03
Indicate the status of accelerated filer in the cover page of the filing.
04
Review internal controls and ensure all required disclosures are included.
05
Submit the filing electronically through the EDGAR system.

Who needs of accelerated filer and?

01
Public companies that have a public float of $75 million or more but less than $700 million, and have been subject to the reporting requirements for at least 12 months.
02
Companies that are not eligible for the 'smaller reporting company' exemption.
03
Companies that are not foreign governments or foreign private issuers.
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An accelerated filer is a company that meets certain criteria set by the SEC, which allows them to file their reports on a faster schedule compared to non-accelerated filers. Generally, these are larger public companies with a public float of at least $75 million.
Companies that have a public float of at least $75 million but less than $700 million, have been subject to the reporting requirements for at least 12 months, and have filed at least one report under the Exchange Act are required to file as accelerated filers.
Accelerated filers must fill out and submit Form 10-K or Form 10-Q, ensuring they comply with the SEC's regulations, including adhering to updated GAAP standards and providing all necessary disclosures.
The purpose is to streamline the reporting process for larger companies that are considered more stable and capable of meeting tighter deadlines, thus improving the efficiency of the financial reporting system.
Accelerated filers must report financial statements, management's discussion and analysis (MD&A), disclosures regarding internal controls, risk factors, and other material information affecting their business.
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