SEC Form S-1

Form S-1 registration statements

Form S-1 kicks off the U.S. IPO process—business overview, audited financials, risk factors, and use of proceeds all land in this filing.

Live filings scanned

40

Last 40 entries

Unique issuers

40

CIKs in sample

Median file size

3.4 MB

Daily pace

5.0/day

Based on last 40 filings

Latest acceptance

Nov 21, 5:04 PM ET

Acceptance time in ET

Recent filings

Latest SEC submissions
40 items

Item classification

When it’s used

Any company registering securities under the Securities Act when another form (e.g., S-3, F-1) is not available.

Filed well ahead of pricing; amendments track the SEC comment cycle until effectiveness.

Market dynamics

Key disclosures

Item 101 business description, Item 104 risk factors, MD&A, capitalization tables, and detailed use-of-proceeds plans.

IPO watchers subscribe to S-1 alerts to benchmark comps, diligence KPIs, and prep marketing materials.

Key resources

Iteration cadence

Expect multiple amendments (S-1/A) as underwriters respond to staff comments, update financials, and finalize offering terms.

Companies submit an initial confidential draft (DRS) before publicly filing an S-1. Amendments follow throughout the SEC comment cycle until pricing.

FAQs

Compliance quick hits
Can companies keep S-1 filings confidential?

Emerging growth companies may submit drafts confidentially, but the public S-1 must post at least 15 days before the roadshow.

What’s the difference between S-1 and S-3?

S-1 is the long-form registration for issuers without seasoned issuer status. S-3 is short-form and available only to companies meeting float and reporting history thresholds.

How old can S-1 financials be at pricing?

Financials generally go stale after 134/135 days for large accelerated or accelerated filers; others follow the 134/135-day convention as well.

When must a confidential S-1 become public?

At least 15 days before the roadshow (or 21 days before effectiveness if no roadshow) the draft must be filed publicly.