Pre-IPO Disclosures – What disclosures may an EGC make? – (54)

Outstanding Equity Awards Table, and a Director Compensation Table, along with some narrative disclosures to augment those tables. EGCs are not required to provide a Compensation Discussion and Analysis, or disclosures about payments upon termination of employment or change in control.
Compliance with New or Revised Accounting Standards. An EGC may elect an extended transition to compliance with new or revised accounting standards. However, if an EGC chooses to comply with such standards to the same extent that a non-EGC is required to comply with such standards, the EGC must (1) make such choice at the time it is first required to file a registration statement, periodic report, or other report under the Exchange Act and notify the SEC of such choice; (2) comply with all such standards to the same extent that anon-EGC is required to comply with such standards; and (3) continue to comply with such standards to the same extent that a non- EGC is required to comply with such standards for as long as the company remains an EGC.
EGC Status. The SEC Staff has explained in the General Applicability FAQs that an EGC must identify itself as an EGC on the cover page of its prospectus. In addition, SEC Staff comments on EGC registration statements have requested the following disclosures: (i) a description of how and when a company may lose EGC status; (ii) a brief description of the various exemptions available to an EGC, such as exemptions fromSarbanes-Oxley Section

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