Going Public Using Rule 506

In connection with these amendments to [http://www.securitieslawyer101.com/506/ Rule 506], the SEC approved amendments to Form D, adding a box check box requiring issuers to disclose if they are relying on Rule 506(c).As discussed below, the SEC also proposed significant amendments to Form D's requirements that include penalties for non-compliance.

The SEC also proposes that issuers using general solicitation and advertising in [http://www.securitieslawyer101.com/506/ Rule 506] offerings be required to file an advance notice of sale 15 days before the offering is opened, and a final notice within 30 days after completion of the offering. Presently, issuers relying upon [http://www.securitieslawyer101.com/506/ Rule 506] offerings are required to file a notice of sales on Form D no later than 15 calendar days after the first sale of securities.

This blog post is provided as a general informational service to clients and friends of Hamilton & Associates Law Group about recent changes to Rule 506 and Form D. This information should not be construed as, and does not constitute, legal and compliance advice on any specific matter, nor does this message create an attorney-client relationship. For more information concerning the rules and regulations affecting the use of [http://www.securitieslawyer101.com/506/ Rule 506], 144, Form 8K, FINRA Rule 6490, Rule 506 private placement offerings, Regulation A, Rule 504 offerings, SEC reporting requirements, SEC registration on Form S-1 and Form 10, Pink Sheet listing, OTCBB and OTCMarkets disclosure requirements, DTC Chills, Global Locks, reverse mergers, public shells, go public direct transactions and direct public offerings please contact Hamilton and Associates at (561) 416-8956  or info@securitieslawyer101.com. Please note that the prior results discussed herein do not guarantee similar outcomes.