Emerging Growth Company - Definition

What is the maximum revenue an Emerging Growth Company can have in the past 12 months?

• Exactly $1 billion

• Over $1 billion

• Less than $1 billion

• More than $3 billion

What is the maximum public float an Emerging Growth Company can have?

• $500 million

• $3 billion

• $700 million

• $1 billion

Which of the following is a benefit for an Emerging Growth Company when interacting with the SEC?

• Immediate filing of S1

• Mandatory public investor meetings

• Confidential communication with the SEC

• Public disclosure of early prospectus

How many years of audited financial statements are required for an Emerging Growth Company?

• One year

• Four years

• Two years

• Three years

Which requirement is an Emerging Growth Company exempt from under the Sarbanes-Oxley Act?

• Annual executive compensation disclosure

• Rotation of external auditors

• Public shareholder meetings

• Quarterly financial reporting