Extract to table

8-03), which sets forth the requirements for interim financial statements of smaller reporting companies and EGCs, including the content requirements and the period for which interim financial statements must be presented

Rule 8-08 — Annual Financial Statement Requirements Rule 8-08(a) of Regulation S-X provides that a registration statement on Form S-1 filed by an EGC must include audited financial statements for the registrant's two most recently completed fiscal years

" Under this rule, the audited financial statements for the most recently completed fiscal year must be included in the registration statement no later than 135 days after the end of that fiscal year

However, if the registration statement is filed, amended, or declared effective after approximately May 15, 2023, the Company must include audited financial statements for FY 2022 (the fiscal year ended December 31, 2022)

However, the Company must also satisfy the interim financial statement requirements

Scenario 4: Reactivation After May 15, 2023 If the offering is not relaunched until after approximately May 15, 2023, audited FY 2022 annual financial statements are mandatory and must be included in the registration statement