Greenlighting Growth Act
Sponsored By: Representative Haridopolos
Passed House
Summary
Limits acquired-company financial statement requirements for Emerging Growth Companies. The bill would amend the Securities Act of 1933 and the Securities Exchange Act of 1934 to let an emerging growth company avoid presenting acquired-company financial statements for periods before the earliest audited period shown in its initial public offering.
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Bill Overview
Analyzed Economic Effects
1 provisions identified: 0 benefits, 0 costs, 1 mixed.
Emerging growth companies can skip older financials
If enacted, emerging growth companies going public could leave out older financials for businesses they bought. They would not need statements from before the earliest audited period shown in their initial public offering filing or exchange listing application. This limit would still apply after the company stops being an emerging growth company. Investors would see less past financial information in these filings. The change would take effect upon enactment.
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Sponsors & CoSponsors
Sponsor
Haridopolos
FL • R
Cosponsors
Rep. Wagner, Ann [R-MO-2]
MO • R
Sponsored 5/13/2025
Roll Call Votes
No roll call votes available for this bill.
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