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Myz Co. issued $4 million of common stock in a private placement to 28 accredited investors and 16 sophisticated non-accredited investors who reside in 12

Myz Co. issued $4 million of common stock in a private placement to 28 accredited investors and 16 sophisticated non-accredited investors who reside in 12 different states. What Securities Act rule did Myz likely rely on for the offering?

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