A more thorough explanation:

A reporting company is a type of company that is required to periodically report its financial and other important information to the Securities and Exchange Commission (SEC) under the Exchange Act. This means that any public corporation is considered a reporting company.

• Apple Inc.
• Microsoft Corporation
• Amazon.com, Inc.

These companies are all examples of reporting companies because they are publicly traded and subject to the reporting requirements of the Exchange Act. They must file periodic reports with the SEC, such as annual reports (Form 10-K), quarterly reports (Form 10-Q), and current reports (Form 8-K), which provide important information about their financial performance, business operations, and other material events.

Being a reporting company is important because it helps ensure transparency and accountability to investors and the public, and helps maintain the integrity of the securities markets.