Planning a private offering and planning to execute

Assignment Help Business Management

Reference no: EM134044976

Question

ZimTech International is planning a private offering and is planning to execute its offering under Rule 506(b) of Regulation D. ZimTech has identified 45 potential investors to participate in the offering. With respect to the number of potential investors, which of the following is the best answer?

If ZimTech allows all 45 investors to participate in the offering, ZimTech will exceed the number of investors allowed under Rule 506(b) IF these investors are neither accredited nor have the requisite investment knowledge and experience in financial and business matters as required under Regulation D's Rule 506(b)(2)(ii). If all 45 of the potential investors are Accredited investors, then ZimTech could potentially add an additional 35 purchasers provided these purchasers have the requisite investment knowledge and experience in financial and business matters as required under Regulation D's Rule 506(b)(2)(ii)) to participate in the offering. Both a and b are accurate statements. Neither a and b are accurate statements.

Reference no: EM134044976

Questions Cloud

Public service motivation is the belief : Public service motivation is the belief, values and attitudes that go beyond self-interest and organizational interest and that motivate individuals

Informative letter advising the client of the status : David Thomas, a paralegal, is sending out a letter to a client. It is an informative letter advising the client of the status of her case

Paolo started new job at law firm : Paolo started a new job at a law firm. Several of his colleagues have sent him friend requests on Facebook, and he has accepted the requests.

Catering business out of outbuilding located : After three years of successfully running his catering business out of an outbuilding located on his personal property

Planning a private offering and planning to execute : ZimTech International is planning a private offering and is planning to execute its offering under Rule 506(b) of Regulation D. ZimTech has identified

Prosecution of d for being habitual criminal : Prosecution of D for being a habitual criminal. Assume that in order to prove its case, the prosecution must demonstrate

Wonder car cleaner and restorer products : You are a business manager for Wonder car cleaner and restorer products. Typically you promote your product using radio ads for the Wonder products.

Company reputation and trustworthiness : Remember that how you handle a security breach can have a significant impact on your company's reputation and trustworthiness.

Identify the different types of crises prompt : Explore the role of leadership before, during, and after a crisis CO2. Identify the different types of crises Prompt:

User Account

All Pages