The SEC imposes a limit of $75 million in securities per year, per entity for any issuer selling under Regulation A+ (the regulation under which our bonds were qualified). So, as limits within these issuing entities are reached, no additional bonds can be sold until a 12-month period has passed when more bonds can then be qualified.
Why can’t I purchase bonds in a closed offering?
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Written by Mary Sinisi
Updated over 7 months ago