Single most common form of securities offering. An issuer in a private offering may generally not sell to more than 35 unaccredited investors. A company's first public sale of securities ii. Firm Commitment 2. Best Efforts 3.
Timing is everything iii.
Registration Statement 1. Two purposes 2. To notify the SEC that a sale of securities is pending 3. To disclose information to prospective purchasers 4. Indication of interest vi.