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geodan

05/15/21 10:43 PM

#17447 RE: bman #17446

In 2002, the SEC decided to make information available to the public in a more timely manner. The new rules tightened these 45- and 90-day requirements to 35 and 60 days, respectively.

The faster filing deadlines are required only of the public companies that have a public float of at least $75 million and have been subject to the Securities Exchange Act of 1934 for at least 12 months. The public float is the value of all shares that are in the hands of outside investors.

You are right Bman, since they have not asked for an extension looks like Monday. 45 days as less than $75 million float.