The 2012 JOBS Act requires the SEC to adjust the Emerging Growth Company (EGC) revenue threshold for inflation every five years. (If you would like a quick refresher about the “IPO On-Ramp” created by the JOBS Act, check out this summary at SEC.gov.) In 2017, the first inflation adjustment increased the revenue threshold from $1,000,000,000 to $1,070,000,000. On September 9, 2022, the SEC announced the second inflation adjustment, increasing the threshold to $1,235,000,000. You can read more in this Press Release, which includes links to the Final Rule and Fact Sheet.
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