(512) 450-5010

Frequently Asked Questions


What’s your expected turnaround time?

How do I determine the due date of my 10-Q and 10-K?

When do we have to get our document to you in order to meet our deadline?

What is the best way to submit changes to a document?

What hours is EDGAR open to receive filings?

When is Form 12b-25 due?

How many days does the Form 12b-25 extension provide?

How do I determine my filing status?

How do we send money to the SEC for required filing fees?

How do I find out how much money is in our account with the SEC?

Can you give us legal advice about our documents?


 

What’s your expected turnaround time?

Our expected turnaround times for an average size document, not received during an exceptionally busy day, are as follows:

HTML initial conversions 1 to 4 hours
HTML changes: 1 to 2 hours

XBRL: Initial mapping: 3 days
XBRL: Live filing block tagging – 4 hours
Live filing detail tagging – 8 hours

XBRL: Live filing changes block tagging – 4 hours
Live filing changes detail tagging – 6 hours

Actual turnaround time depends upon a variety of factors, including:
– Size of your document
– Number and complexity of changes
– Block or detail tagging
– Our current workload

Note that at 10-K and 10-Q deadline time, turnaround times can be slower depending upon the volume of work we are experiencing.

We will advise you of the actual expected turnaround time upon receipt of your document.

 

How do I determine the due date of my 10-Q and 10-K?

10-Q for large accelerated filers: 40 days from end of quarter
10-Q for accelerated filers: 40 days from end of quarter
10-Q for non-accelerated filers: 45 days from end of quarter

10-K for large accelerated filers: 60 days from end of fiscal year
10-K for accelerated filers: 75 days from end of fiscal year
10-K for non-accelerated filers: 90 days from end of fiscal year

If the due date falls on a weekend or holiday, it falls to the next business day.

 

When do we have to get our document to you in order to meet our deadline?

 We do not maintain a fixed “pencils down” time. For a 10-K or 10-Q, we strongly urge you to get your final document to us, at a minimum, the day before you intend to file (preferably sooner). Please contact us at filing time in order to receive a specific estimate of the time required. If we receive the document the same day that you intend to file, we can sometimes make the deadline; however, the closer to the filing time, the less likely it is that the deadline will be achieved.

Smaller documents not received during busy quarterly deadline season, such as 8-K’s, can usually be turned around quite quickly, and filing can generally be achieved in a matter of hours.

Large, complex documents, such as S-1’s, take more time to process simply due to their size. We will provide an estimate of turnaround time upon receipt of the document.

 

What is the best way to submit changes to a document?

To ensure all changes and corrections are processed accurately, clients are encouraged to communicate all changes by email (Production@FederalFilings.com). This also enables us to keep better track of changes to a document.

 

What hours is EDGAR open to receive filings?

EDGAR filings received from 6 a.m. to 5:30 p.m. EST will receive the current day’s date.
EDGAR filings received from 5:31 to 10:00 p.m. EST will receive the following day’s date.
EDGAR filings cannot be made after 10:00 p.m. EST.

 

When is Form 12b-25 due?

The Form 12b-25 (extension) must be filed no later than one business day after the due date of the late report.

 

How many days does the Form 12b-25 extension provide?

10-K: Fifteen (15) calendar days
10-Q: Five (5) calendar days

Note that the number of days starts on the actual due date of the filing. For example, if the 10-Q due date as calculated is Sunday August 14, it falls forward to Monday, August 15. The 12b-25 count for the five days would begin on Monday, August 15. The five day extension would fall on Saturday, August 20; since this is a weekend, the actual due date would be the next business day, or Monday, August 22.

 

How do I determine my filing status?

 Filer status is determined by the market value of the public float as of the last day of the second quarter of the fiscal year.

Large accelerated filer: Market value of public float is greater than $700 million
Accelerated filer: Market value of public float is between $75 million and $700 million
Non-accelerated filer: Market value of public float is less than $75 million

 

How do we send money to the SEC for required filing fees?

http://www.sec.gov/info/edgar/fedwire.htm

 

How do I find out how much money is in our account with the SEC?

Call the SEC at (202) 942-8900 and select option 1. You will be asked for your CIK number by the operator. That’s it. If you are a client of Federal Filings we will have your CIK number on file. If you are not currently a Federal Filings client, you can click below to look up your CIK number:
http://www.edgarcompany.sec.gov/servlet/CompanyDBSearch?page=main

 

Can you give us legal advice about our documents?

Unfortunately, no. We are not attorneys and therefore not permitted to provide any legal advice.