If an issuer wanted to raise $100 million,and offer the issuing company's securities to no more than 35 unaccredited investors and an unlimited number of accredited investors,an issuer would choose to exempt the offering under the __________ exemption.

Question

Quizplus · Accepted Answer

Rule 506 of Regulation D allows an issuer to raise an unlimited amount of money and permits the sale of securities to an unlimited number of accredited investors and up to 35 non-accredited, but sophisticated, investors without being required to register the offering with the SEC.

If an Issuer Wanted to Raise $100 Million,and Offer the Issuing