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The S.E.C. has no direct authority in the area, but it would be able to decide whether a company that took advantage of private company exceptions to GAAP would have to redo its books when it filed to go public.
The United States-based fund from IndexIQ advisers did not list its planned fee in the application it filed to the S.E.C. in March.
The company had a heavy debt load, and it filed to try to refinance some of its debt.
The revenue accounting change is Groupon's second since it filed to go public in May.
In October, it filed to sell 10 million shares at $10 to $12 each.
In July 2002, it filed to sell as much as $125 million of stock.
Similar(32)
Citadel also said it had filed to convene a special shareholder meeting to address its concerns.
Much less is known about Urbanfetch's financial state because it never filed to go public.
Twenty-eight states have filed to overturn it.
Cendant said it filed suit to unwind that provision.
(Remember, it takes several years from filing to finale).
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