If you are considering investing in a private placement, or perhaps other exempt securities offerings, you ought to educate yourself on the private capital markets generally, including potentially seeking advice from a professional financial advisor
What is an “intrastate” securities offering?
Together, Section 3(a)(11) of the Securities Act of 1933 and Rule 147 make up what are generally known as the “intrastate offering exemption.” The intent behind the statutory provision and its safe harbor is to facilitate the financing of local