If you want to issue shares privately, the private placement needs to be with the SEC. up to date with all due payments in good standing order exempted from registration included in the Prospectus
If you want to issue shares privately, the private placement needs to be with the SEC. up to date with all due payments in good standing order exempted from registration included in the Prospectus
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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I need the answer key to these two multiple-choice questions below

Transcribed Image Text:If you want to issue shares privately, the private placement needs to be
with the SEC.
up to date with all due payments
in good standing order
exempted from registration
included in the Prospectus

Transcribed Image Text:What is the popular name that early investors in a start-up company receive?
members of Wall Street Risk Taker Club (WSRTC)
very wealthy individuals
entrepreneurs
angel investors
Expert Solution

Step 1
In a private placement sale of stock is done to preselected investors and institutions rather than on the open market.
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