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Small Business Issuer

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Small Business Issuer
A company that issues stock when its revenue and/or shares outstanding are worth less than $25 million. Small business issuers are subject to slightly less stringent requirements when making a new issue. See also: SB-2.

small business issuer
An issuer of securities that has less than $25 million in annual revenues and outstanding publicly held stock worth no more than $25 million. Public offerings by small businesses are subject to special SEC registration rules.


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Two chapters describe MD&A for small business issuers and there are chapters on the operating and financial review of Canadian and foreign private companies.
Beyond Sarbanes-Oxley year two, focus on the small business issuer and rating agency, tax and pension reform, an even more prevalent issue existed: the revolving door of leadership at key Washington agencies.
But companies that are not small business issuers and have a June 30 yearend must comply when reporting on the quarter beginning July 1, 2005.
 
 
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