Question
On January 1, an issuer commences an offering under rule 504. By April 1, $5 million in securities has been sold, and the offering is
On January 1, an issuer commences an offering under rule 504. By April 1, $5 million in securities has been sold, and the offering is terminated. When may the issuer commence a new offering under rule 504? When may the issuer safely commence an offering of the same class of securities under rule 506?
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The Legal Environment of Business A Critical Thinking Approach
Authors: Nancy K. Kubasek, Bartley A. Brennan, M. Neil Browne
8th edition
134074033, 978-0134074030
