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Simple English definitions for legal terms

large accelerated filer

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A quick definition of large accelerated filer:

Large accelerated filer: A type of company that has to file their financial reports faster than other companies. To be a large accelerated filer, a company must have a lot of money (more than $700 million), have been filing reports for at least a year, and have filed at least one annual report. Once a company is a large accelerated filer, they have to file their reports within 60 days for their yearly report and 40 days for their quarterly report.

A more thorough explanation:

A large accelerated filer is a type of company that has to meet shorter deadlines to file their periodic reports. The Securities and Exchange Commission (SEC) has set rules to determine which companies are considered large accelerated filers.

To be a large accelerated filer, a company must:

For example, if a company has a public float of $800 million, has been filing periodic reports for 18 months, has filed an annual report, and is not a smaller reporting company, it would be considered a large accelerated filer.

Once a company is classified as a large accelerated filer, it has 60 days to file its Form 10-K and 40 days to file its Form 10-Q.

Overall, being a large accelerated filer means that a company has to meet stricter reporting requirements and deadlines. This is because these companies are typically larger and more complex, and their financial information is more important to investors and the public.

larceny by trick | last antecedent rule

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9:31
some people hate him. some people love him, but he a real one: https://youtu.be/w5oEqiVQcF4?t=173
9:32
[kevin oleary]
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
worthless i trust you implicitly you know what it will happen now.
WorthlessAttractiveZombie
9:34
I mean if Fordham doesn't release today I will purposefully get on a train, go to new york, and then take the stinkiest shit inside the admission office's toilet (potentially clogging it and forcing them to get a plumber)
IS IT ONLY ON MY END WHY DID THAT SEND TEN MILLION TIMES
HELLO
WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
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