Making a public stock offering through the Small Company Offering Registration (SCOR)is easier and less expensive than a traditional public offering,with typical costs being less than half and only minimal notification to the SEC required.

Question

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The statement is true. SCOR was introduced as a simplified registration process for smaller companies and offers a cost-effective alternative to traditional public offerings. The registration process is simpler and less expensive, with fewer SEC requirements and minimal disclosure obligations.

Making a Public Stock Offering Through the Small Company Offering