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Table of ContentsUNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ___FORM 10K ___ (Mark One)ANNUAL 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 category of companies defined by the U.S. Securities and Exchange Commission (SEC) that are in the initial stages of their growth and development. EGCs are typically smaller companies with less than $1.07 billion in annual gross revenue.
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Emerging growth companies are required to file registration statements and periodic reports with the SEC, but they benefit from reduced regulatory burdens compared to larger firms.
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EGCs must fill out SEC forms such as Form S-1 for registration and Form 10-K for annual reports, following the specific guidelines provided by the SEC for these filings.
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The purpose of designating a company as an emerging growth company is to encourage smaller businesses to go public by reducing the regulatory requirements they face.
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Emerging growth companies must report financial statements, management discussion and analysis, and disclosures about executive compensation, among other details, as mandated by the SEC.
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