The document discusses the financial statement requirements and exemptions applicable to an emerging growth company under the Securities Act and the JOBS Act. It highlights the potential challenges in acquiring target businesses due to these requirements and the implications of being an emerging growth company, including reduced disclosure obligations and exemptions from certain compliance requirements. The document also addresses the impact of the Sarbanes-Oxley Act on the company's business combination efforts and the potential effects of provisions in the company's certificate of incorporation on takeovers.
documents/vol00010-efta01366335-pdf.pdf
{"document_type":"legal","key_locations":["United States"],"document_subtype":"financial disclosure","key_organizations":["Public Company Accounting Oversight Board","Securities Act","JOBS Act","Sarbanes-Oxley Act"],"reference_numbers":["Section 404","Section 102(bX1)"]}