A company becomes a reporting company subject to the Exchange Act if it is a __________ offering that occurs without a securities exchange listing.

Question

Quizplus · Accepted Answer

A company becomes a reporting company subject to the Exchange Act if it is a public offering that occurs without a securities exchange listing. Public offerings involve selling securities to the general public, which triggers regulatory requirements under the Exchange Act, regardless of whether the securities are listed on an exchange.

A Company Becomes a Reporting Company Subject to the Exchange