An accelerated filer that meets a set of registration requirements at the end of its fiscal year in terms of its public float and reporting. More specifically, it is a registrant (issuer) that meets the following requirements:
- The issuer (public company) had an aggregate worldwide market value of the voting and nonvoting common equity held by its non-affiliates of $700 million or more, as of the last business day of the issuer’s most recently completed second fiscal quarter.
- The issuer has been subject to the requirements of Section 13(a) or 15(d) of the Exchange Act for a period of at least 12 calendar months.
- The issuer has filed at least one annual report pursuant to Section 13(a) or 15(d) of the Exchange Act.
- The issuer is not eligible to use the SEC’s smaller reporting company rules (the requirements for smaller reporting companies in Part 229 of the Exchange Act for its annual and quarterly reports).
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