Anzeige
Erschienen in:
2016 | OriginalPaper | Buchkapitel
8. Title I
Reopening American Capital Markets to Emerging Growth Companies
Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.
Wählen Sie Textabschnitte aus um mit Künstlicher Intelligenz passenden Patente zu finden. powered by
Markieren Sie Textabschnitte, um KI-gestützt weitere passende Inhalte zu finden. powered by
Abstract
This section of the JOBS Act sets the stage for all that comes later. It defines an emerging growth company as a security issuer with less than $1 billion in revenue in the most recently completed fiscal (as opposed to calendar) year. It also states that any company with less than a billion in revenue that issued common stock prior to December 8, 2011 is not eligible to be treated as an emerging growth company. Certain disclosure requirements are lifted. The “firewall,” or limitations between security issuance activities (underwriting) and research, is lifted for EGCs.