Documentos de Académico
Documentos de Profesional
Documentos de Cultura
Summary of 2005 Public Offering Reforms (from Sec. Act. Rel 8591) Could it be an offer as defined in Section 2(a) (3)?
Regularly Released Factual Business Information Yes
Regularly Released Fowrad Looking Information Communications made more than 30 days before filing of regsitration statement
Yes
No
Section 5(b)(1)relates only to propsectuses it s not applicable Section 5(B)(1) does not apply in the prefiling period - it is not applicable
Yes
Possibly, Rule defines it as not based on an offer for section facts and 5(c) purposes circumstance s No
WIKSI - Oral offers made Yes within 30 days of filing of registration statement WKSI - Written offers made within 30 days of ifling of registration statment Yes
Is exempted from Section 5(b)(1) does prohibition of section not apply in the pre5(c) filing period - it is not applicable
Yes. It also is IS exempted form Section 5(b)(1) does a free-writing probhition of Section not apply in the preprosepctus 5(c) filing period - it is not applicalbe Yes Is exempted from prhibition of Section 5(c) Section 5(b)(1) does not apply in the prefiling period - it is not applicalbe
WKSI - Free writing Yes prosepctus used before filing of resgtraiton statement Idneitfying statements Yes in accordance with Rule 134
No
Section 5(c) is not 5(b)(1) relates only to appiable ,as rule 134 prospectuses - it is not relates only to the applciable period after the filing of a regsitration satment Section 5(C)( is not applicalbe, as it does not apply in the postfiling period Seciton 5(b)(1) will be satisfied, as the free writing prosepctus will be a permitted Section 10(b) proepsctus
All Elibgible IssuersEys free writing prospectuses used after filing of registraiton satment
Yes
Tables Page 1
Rule 144
Monday, April 23, 2012 12:38 PM
144
Affiliate or Person Selling on Behalf of an Affiliate Non-Affilaite (and Has not Been an Affilaite Durign the Prior Three Months)
Durign 6 month holding period - no resales under 144 permitted Restricted Securities of Reporting Issuers After 6 month holding period: may resell in accordance with all rule 144 requirements including: Current public informaiotn Volume limitaitons Manner of sale requiremtns for equity securities and Filing of form 144
Durign 6 month holding period - no resales under 144 permitted After 6 month holding period but before one year: unlimited pbulic resales under 144 excet that the current public infomraiton requimrent still applies After one-year holding period: unlimited public resales under rulee 144; need not comply with any other 144 requiremtns
During one-year holding period - no During one-year holding period - no resales resales under rule 144 permitted under Rule 144 Permitted. After one-year holding period - may After one-year holding period- ulimtied public resell in accorance with all rule 144 resales under rule 144; need not comply with requriemtns including: any other 144 requriemtns Current public informaiotn Volume limitaitons Manner of sale requiremtns for equity securities and Filing of form 144
Unrestricted Resales of unrestricted securities securities of a allowed but must comply with all reporting issuer 144 requirements
Un restricted Resales of unrestricted securities shares of nonallowed but must comply with all reporting issuer 144 requirements
Tables Page 2