The SEC has introduced new IPO disclosure requirements, effective March 1, mandating companies to reveal the names of the top 40 share allocators two days before trading begins. This update aims to enhance investor decision-making by providing critical information more promptly. Companies must now disclose details on IPO share recipients, including lock-up restrictions, and the first 40 recipients’ allocation sizes relative to the total offering. Information must be submitted via the Stock Exchange of Thailand’s system and is deemed reported to the SEC. This rule, published in the Royal Gazette, applies to filings made after its implementation, enhancing transparency in the IPO process.