When do SEC regs require acquired business financials?

KPMG teams up with Latham & Watkins to provide the guide to acquired business financial statements. This desktop reference provides the financial statements of a newly acquired business required in a prospectus.

Applicability

• Companies with a newly acquired business that will be filing a prospectus in conjunction with a securities offering.

Report contents

• General rule
• Here's what you need in order to get your answer
• The SEC definition of significant (S-X Rules 3-05 and 1-02(w))
• Additional resources

Related content

Defining Issues: SEC amends acquisition and disposition disclosures

Reference: Non-US issuers: US public offerings filing requirements

Reference: US issuers: US public offerings filing requirements

Desktop reference: When do financial statements go stale for 2022 offerings?