S.Amdt. 1895
What it does: Replaces “company” through page 10, line 4 with “company need not present more than 2 years of audited financial statements in order for t…”
Sen. Ron Johnson (R-WI)What it changes
1 change to H.R. 3606
Replaces “company” through page 10, line 4 with “company need not present more than 2 years of audited financial statements in order for t…”
[struck: company …][inserted: company need not present more than 2 years of audited financial statements in order for the registration statement of such emerging growth company with respect to an initial public offering of its common equity securities to be effective, and in any other registration statement to be filed with the Commission, an emerging growth company need not present selected financial data in accordance with section 229.301 of title 17, Code of Federal Regulations (or any successor thereto), for any period prior to the earliest audited period presented in connection with its initial public offering.]Original wording
On page 9, line 8, strike “company” and all that follows through page 10, line 4 and insert the following: “company need not present more than 2 years of audited financial statements in order for the registration statement of such emerging growth company with respect to an initial public offering of its common equity securities to be effective, and in any other registration statement to be filed with the Commission, an emerging growth company need not present selected financial data in accordance with section 229.301 of title 17, Code of Federal Regulations (or any successor thereto), for any period prior to the earliest audited period presented in connection with its initial public offering.”.
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As printed
SA 1895. Mr. JOHNSON of Wisconsin submitted an amendment intended to be proposed by him to the bill H.R. 3606, to increase American job creation and economic growth by improving access to the public capital markets for emerging growth companies; which was ordered to lie on the table; as follows:
On page 9, line 8, strike “company” and all that follows through page 10, line 4 and insert the following: “company need not present more than 2 years of audited financial statements in order for the registration statement of such emerging growth company with respect to an initial public offering of its common equity securities to be effective, and in any other registration statement to be filed with the Commission, an emerging growth company need not present selected financial data in accordance with section 229.301 of title 17, Code of Federal Regulations (or any successor thereto), for any period prior to the earliest audited period presented in connection with its initial public offering.”.
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Senate amendment submitted
March 19, 2012