Form S-1 Table of Contents • comply with any requirement that may he adopted by the Public Company Accounting Oversight Board, or the PCAO13. regarding mandatory audit firm rotation or a supplement to the independent registered public accounting firm's report providing additional information about the audit and the financial statements (i.e., an auditor discussion and analysis); • submit certain executive compensation matters to shareholder advisory votes, such as "say-on-pay," "say-on-frequency" and "say-on-golden parachutes;" or • disclose certain executive compensation related items such as the correlation betwmm executive compensation and performance and comparisons of the chief executive officer's compensation to median employee compensation. We will remain an emerging growth company until the earliest to occur of: • our reporting of $1.0 billion or more in annual gross revenue; • our issuance, in any three year period, of more than $1.0 billion in non-convertible debt; • our becoming a "large accelerated filer"; and • the end of fiscal 2020. 'the JOBS Act permits an emerging growth company such as us to take advantage of an extended transition period to comply with new or revised accounting standards applicable to public companies. We are choosing to "opt out" of this provision and, as a result, we will comply with new or revised accounting standards as required when they are adopted. This decision to opt out of the extended transition period under the JOBS Act is irrevocable. Our Sponsor Invus, L.P., or horns or our Sponsor, has been our principal financial backer since its initial investment in 2006. Invus is a private investment firm based in New York. Ins benefits from an evergreen investment structure managing family capital with a long-term strategic perspective. Invus has been investing in companies who seek to transform their industries since 1985. Our Corporate Information We were originally formed as a limited liability