The SEC plans to promote registration issuance and disclosure reform, expanding financing and disclosure convenience for listed companies

Deep Tide TechFlow News, May 19th, according to an official announcement, the U.S. Securities and Exchange Commission (SEC) proposed amendments to registration and offering rules and forms, aiming to improve the efficiency and flexibility of public fundraising for listed companies and reduce costs, while also simplifying the disclosure framework for listed companies.
According to the proposal, more listed companies can conduct shelf offerings, and more companies can benefit from registration and communication facilitation previously only open to "well-known mature issuers."
Broker-dealers can provide research coverage for more listed companies, and registration and qualification requirements under state securities laws for multi-state registered offerings will be excluded at the federal level.
Additionally, the proposal suggests increasing the threshold for large accelerated filers from $700 million to $2 billion, and they will not be classified as such for at least 60 months post-IPO based on market capitalization.
The public comment period for both proposals is 60 days after publication in the Federal Register.
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