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An issuer plans to use a third-party Internet portal to promote an offering to residents of a single state in accordance with a state statute or regulation intended to enable securities crowdfunding within that state. Assuming the issuer met the other conditions of Rule 147, could it rely on Rule 147 for an exemption from Securities Act registration for the offering, or would use of an Internet portal necessarily entail making offers to persons outside the relevant state or territory?
If an issuer plans to conduct an intrastate offering pursuant to Rule 147, may the issuer engage in general advertising or a general solicitation?
Do state security laws and regulations apply in addition to federal requirements if I’m using and exemption from registration for my capital raise?
What are the differences between Rule 147 and Rule 147A?
Who can conduct intrastate offerings under Amended Rule 147 and Rule 147A?
What must an issuer disclose to offerees/purchasers when conducting an offering under Amended Rule 147 or Rule 147A?
Can an issuer use other offering exemptions while employing Amended Rule 147 or Rule 147A?
When and how can purchasers resell the securities they acquire in an intrastate offering pursuant to Amended Rule 147 and Rule 147A?
Who can purchase securities offered in an intrastate offering under Amended Rule 147 and Rule 147A?
Are securities sold under Amended Rule 147 and 147A securities for which state securities law registration and qualification requirements are preempted?
What are some advantages and disadvantages of Amended Rule 147?
What are some advantages and disadvantages of Rule 147A?