The CAQ’s SEC Regulations Committee meets periodically with the SEC Staff to discuss emerging financial reporting issues relating to SEC rules and regulations. The CAQ recently published the highlights from the joint meeting of the SEC Regulations Committee and the Staff that took place on March 12, 2026. The topics addressed include:

– Smaller Reporting Company status following a change in fiscal year end;

– Smaller Reporting Company status determination when annual revenues previously exceeded $100 million;

– Corporation Finance Interpretations 130.05 and filer status determination upon consummation of a de-SPAC transaction; and

– Filing interim financial information for private operating company when a reverse merger between two operating companies occurs after fiscal quarter end, but before Form 10-Q is due.

As always, these highlights offer useful insights into the Staff’s approach on a wide range of financial reporting issues.

– Dave Lynn