On March 3, 2025, the Securities and Exchange Commission’s (SEC) Division of Corporation Finance (Division) announced an expansion of the nonpublic review process for draft registration statements. This expansion aims to facilitate capital formation by accommodating a broader range of issuers and transactions and is a welcome development for existing public companies and those considering an initial public offering.
Source: SEC Staff Expands Accommodations for Nonpublic Review of Draft Registration Statements