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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

Auditing: A Risk Based-Approach (MindTap Course List)
Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter13: Auditing Debt, Equity, And Long-term Liabilities Requiring Management Estimates
Section: Chapter Questions
Problem 32CYBK
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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: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
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
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
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In a private placement sale of stock is done to preselected investors and institutions rather than on the open market. 

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