The primary exemption from the prohibition of resale of unregistered securities (including, but not limited to, securities safely harbored in Rule 506 offerings) is:

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The primary exemption from the prohibition of resale of unregistered securities is Rule 144. This rule provides safe harbor for the resale of restricted and control securities. Restricted securities are securities acquired in a private placement or other unregistered offering, while control securities are securities held by insiders, such as directors and officers, who may exert influence over the company. Rule 144 sets forth certain conditions, such as holding periods and limitations on the amount of securities that may be sold, that must be met in order to qualify for the exemption.

The Primary Exemption from the Prohibition of Resale of Unregistered