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DR ACCESS PRODUCTS
ABOUT CITI DEPOSITARY
RECEIPT SERVICES
INTERNATIONAL
INVESTING TRENDS
GLOBAL DR TRENDS
ASIA-PACIFIC
LATAM
184
394
33
Total Capital Raisings
$1.4B
Total Capital Raisings
$1.5B
8
3
Year-over-Year Change
Year-over-Year Change
# of Capital Raisings
# of Capital Raisings
Year-over-Year Change
Year-over-Year Change
The JOBS Act established a new category of issuer known as an Emerging Growth Company
(EGC) for which significant regulatory burdens were lifted. A company qualifies as an EGC if
it had less than $1 billion in gross revenues during the most recently completed fiscal year.
Notably, EGCs receive certain exemptions from procedural and disclosure requirements
during a transition period of up to five years following an IPO.
200
Citi Depositary Receipt Services Mid-Year 2017 Report
13