As of July 10^th, the SEC’s Division of Corporation Finance will permit all companies to submit draft registration statements relating to initial public offerings for review on a non-public basis. Previously, this process was only available for “emerging growth companies” under the JOBS Act, although that covered a substantial majority of IPO candidates. 

More notably, this process will now be available for most offerings made in the first year after a company has entered the public reporting system. 

More information can be found at:  https://www.sec.gov/corpfin/announcement/draft-registration-statement-processing-procedures-expanded

The staff of the SEC’s Division of Corporation Finance has made an announcement that it will begin releasing through the EDGAR system correspondence with issuers relating to Securities Act registration statements that are not selected for review.