To raise $120 million to expand operations, Primo Inc. makes a stock offering directly to sixty accredited investors and twenty sophisticated, but unaccredited investors. The firm plans to notify the SEC of sales. Under the Securities Act of 1933, this issue may qualify as an exempt transaction
A. as is.
B. if all of the investors are also given material information about the firm.
C. if the offering is also made to the general public.
D. under no circumstances.
Answer: B
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Ken Hansek sells sales promotion items such as key chains, mugs, t-shirts, and balloons. He sends out a quarterly newsletter that contains information on new products that are available, creative way customers are using sales promotion merchandise, and news that he thinks would be of interest to customers. Why does Hansek write this newsletter?
What will be an ideal response?
In many countries, Islamic law, as encoded in the Shari'a, exists alongside the secular law
Indicate whether the statement is true or false
Kelly and Ron most likely disagree about the answer to which of the following questions?
A) Do the majority of workers make less than $30,000 per year? B) Does a salary of $30,000 support the lifestyle choices that the employees typically make? C) Are the employees underpaid? D) Is the average salary of the workers over $50,000? E) Would the employees be underpaid if the majority of them earned over $50,000 per year?
Consider two bonds, F and G. Both bonds presently are selling at their par value of $1,000. Each pays interest of $90 annually. Bond F will mature in 15 years while bond G will mature in 26 years. If the yields to maturity on the two bonds change from 9% to 10%,
A. both bonds will increase in value, but bond F will increase more than bond G. B. both bonds will increase in value, but bond G will increase more than bond F. C. both bonds will decrease in value, but bond F will decrease more than bond G. D. both bonds will decrease in value, but bond G will decrease more than bond F. E. None of the options are correct.