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part 1 and part 2 Part 1 Your company is planning to raise an additional $2 million in shares a private offering of the company

part 1 and part 2

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Part 1 Your company is planning to raise an additional $2 million in shares a private offering of the company after an initial offering of $1million in shares last year. Under regulation D of the SEA covering safe harbors which rule would apply to complete the initial offering and then the subsequent offering? Discuss the rules for private offerings under which each offering can be made. (4 marks) Part 2 Later that year, after the second offering is completed you tell your accountant you sell her 25,000 shares at $1:00 (the stock is currently trading at $2.25) from your personal shares as a thank you for the good work, Discuss the sale of restricted securities and which SEC rule applies. Is there a penalty for such a sale? (2 marks)

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