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what does this mean? "with not more than $6 million in offers by selling security-holders that are affiliates of the issuer" Thanks! Matt
by codecamper 12y ago
what does this mean? "with not more than $6 million in offers by selling security-holders that are affiliates of the issuer"
Thanks!
Matt
- zaroth 12y agoI think... All but that amount raised must be newly issued shares, with proceeds going to the company, not previously restricted shared held by founders and investors, where proceeds go to the shareholder.