Inserts a new subparagraph (B) into 15 U.S.C. 77g(a)(2) providing that an emerging growth company need not present acquired company financial statements or information otherwise required under 17 CFR 210.3–05 or 210.8–04 for any period prior to the earliest audited period of the emerging growth company presented in connection with its initial public offering, and that thereafter an issuer that was an emerging growth company but is no longer one is not required to present such financial statements or required 17 CFR information for any period prior to that earliest audited period.

Amends 15 U.S.C. 78l(b)(1)(K) by replacing the word 'firm' with expanded text specifying that the application of an emerging growth company need not present acquired company financial statements or information otherwise required under 17 CFR 210.3–05 or 210.8–04 for any period prior to the earliest audited period of the emerging growth company presented in connection with its application, and that thereafter an issuer that was an emerging growth company but is no longer one is not required to present such financial statements or required 17 CFR information for any period prior to that earliest audited period.

Adds a new subparagraph (B) to 15 U.S.C. 77g(a)(2) specifying that an emerging growth company (and an issuer that was an emerging growth company but no longer is) is not required to present acquired company financial statements or the information required by 17 CFR 210.3–05 or 210.8–04 (or successors) for any period prior to the earliest audited period of the emerging growth company presented in connection with its initial public offering.

Modifies the text of 15 U.S.C. 78l(b)(1)(K) by replacing the word 'firm' with 'firm, provided that the application of an emerging growth company need not present acquired company financial statements or information otherwise required under 17 CFR 210.3–05 or 210.8–04 (or any successor thereto) for any period prior to the earliest audited period of the emerging growth company presented in connection with its application and, thereafter, in no event shall an issuer that was an emerging growth company but is no longer an emerging growth company be required to present financial statements of the issuer (or acquired company financial statements or information otherwise required under 17 CFR 210.3–05 or 210.8–04 (or any successor thereto)) for any period prior to the earliest audited period of the emerging growth company presented in connection with any application under this subsection.'