Buchanan Ingersoll & Rooney Pc posted SEC Increases the Number of Companies Eligible for Reduced Disclosure | Buchanan Ingersoll & Rooney PC Buchanan Ingersoll & Rooney Pc Central Business District - Pittsburgh:

SEC Increases the Number of Companies Eligible for Reduced Disclosure

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Higher Thresholds
Under the amended definition, a company will now be a Smaller Reporting Company if it has a public float of less than $250 million instead of the current $75 million. In addition, a company with a public float of less than $700 million can now also be a Smaller Reporting Company if it has annual revenues of less than $100 million. The SEC…

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