Common use of Basis of Offering Clause in Contracts

Basis of Offering. The securities offered for sale by the Issuer are not registered with the SEC. The securities offered for sale are not registered with any corresponding state agency, as disclosed below. The Issuer is offering securities for sale based on an exemption from the requirements to register securities as promulgated by various federal and state laws governing the sale of such securities. Specifically, Issuer relies upon Regulation A, 17 CFR Part 230, General Rules and Regulations, Securities Act of 1933, as amended, §§ 230.251 - 230.300-230.346, as promulgated by the SEC (the “Securities Act”). Securities offered here are only offered pursuant to an exemption from registration under the Securities Act, such exemption being established by qualification of the Company’s Offering Statement. The securities offered for sale are not registered with any corresponding state agency, since a qualified Tier 2 Offering is exempt from such registration. However, some states will still require that a notice of offering be filed along with a filing fee. In other states those persons selling the Company’s securities will be required to qualify and/or register as selling agents of the Company.

Appears in 4 contracts

Samples: Stock Subscription Agreement (RAD Diversified REIT, Inc.), Stock Subscription Agreement (RAD Diversified REIT, Inc.), Stock Subscription Agreement (RAD Diversified REIT, Inc.)

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