News Focus
News Focus
icon url

12x

11/23/24 9:15 PM

#474836 RE: powerwalker #474810

Under SEC rules, the timing of a company’s 10-K filing depends loosely on its MC at the end of Q2. Companies with an MC above $700M are classified as large accelerated filers and have 60 days to file, for AVXL it's the end of November. For those below $700M, the deadline extends beyond 60 days, into December. From 2021 to 2023, AVXL’s MC as of March 31 exceeded $700M, so its 10-Ks were filed by the end of Nov. However, the filing deadlines, for 2024 and before 2020, fall in December. The company typically files 10-K right after Q4 CC. So the extended filing deadline allows the company to move Q4 CC into Dec.

Here is the filing calendar, you would need to shift the dates as "Anavex has a September 30th fiscal year-end"
https://www.gibsondunn.com/wp-content/uploads/2017/06/SEC-Filing-Deadline-Calendar-2024.pdf

https://www.sec.gov/resources-small-businesses/small-business-compliance-guides/accelerated-filer-large-accelerated-filer-definitions

Year Date 10-K Filed
2023 11/27/23
2022 11/28/22
2021 11/24/21
2020 12/28/20
2019 12/16/19