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| Topic: |
Miscellaneous
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| Number of pages / Number of words: |
39 / 10745 |
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Under Rule 12b-2, A Company is an accelerated filer if:
a. The aggregate market value of the voting and non-voting common equity held by non-affiliates (public float) is 75 million dollars or more
b. Not subject to small business requirements
c. Has been subject to 13(a) or 15(d) for at least 12 months
d...
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Not subject to small business requirements
c. Has been subject to 13(a) or 15(d) for at least 12 months
d. Have already filed at least one 10-K
2. Reasoning: A company that is used to filing these reports doesn’t need a lot of time, get the information to investors faster. Accelerated filer requirements make the distinction between companies able to meet the accelerated requirement and those smaller corporations that would not be able to do so...
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