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Appendix C — Key Benefits Available to EGCs and Non-EGCs

Appendix C — Key Benefits Available to EGCs and Non-EGCs

Appendix C — Key Benefits Available to EGCs and Non-EGCs

The table below compares certain benefits available to EGCs and non-EGCs.

Footnotes

1
See Topic 10 of the FRM for additional information about the eligibility requirements for, and accommodations available to, EGCs.
2
See Topic 5 of the FRM for information about the eligibility requirements for, and additional relief available to, SRCs.
3
See footnote 2.
4
We believe this may also include financial information of entities other than the registrant (i.e., under Regulation S-X, Rule 3-05 or 3-09).
5
The general instructions to Form S-1 and Form F-1 indicate that before the registrant distributes a preliminary prospectus to investors, the registration statement must be amended to include all financial information required under Regulation S-X.
6
This applies only to IPOs of debt or equity securities on Form S-1 or Form F-1. For example, it would not apply to draft registration statements on Form S-11 or Form 10.
(7)
An EGC would generally be required to present three years of financial statements for an IPO of debt securities or a registration statement on Form 10. See paragraph 10220.1 of the FRM for more information.
8
EGCs should refer to Section 10230 of the FRM for more information.