A large accelerated filer is typically a public company that meets certain criteria: (1) it has a public float of $700 million or more, (2) it does not qualify for smaller reporting company accommodations based on revenue, and (3) it has been a reporting company for at least 12 months and filed at least one annual report under the Exchange Act. A company’s filer status — whether it’s a large accelerated filer, accelerated filer, or non-accelerated filer — determines how quickly it must file reports with the SEC and what reporting requirements it must follow. If you’re wondering what is a large accelerated filer or how filer status impacts SEC deadlines, it’s an important designation for understanding public company reporting obligations.

Filing Review Process, Going Public, Building Blocks: SEC Filing Review Process, Building Blocks: SEC Filer Status and Reporting Status