SEC rule amendments expand the scope of scaled disclosure accommodations, which may offer disclosure relief to additional small cap and pre- and low-revenue issuers.

Key Points:

..The SEC has provided disclosure relief to a larger range of small cap public companies as well as mid-cap public companies with annual revenues of less than US$100 million.

..These companies, and similar companies in the IPO pipeline, should consider taking advantage of this opportunity to omit information that can be costly to provide if not material for investors.