Can any issuer offering equity securities participate in coordinated equity review?
No. Coordinated equity review generally is intended only for initial public offerings of common stock, preferred stock, warrants, rights and units comprised of equity securities that also are seeking registration under Section 5 of the Securities Act of 1933. Coordinated equity review is not available for Regulation A offerings. Blank check and blind pool offerings do not qualify for coordinated equity review. Coordinated equity review may not be available for an offering, even if the offering fits within the initial screening criteria.
Related Questions
- Can an issuer participate in coordinated equity review with respect to some states but not all states in which it is seeking registration?
- Can an issuer add jurisdictions to the coordinated review of an offering after the review process has begun?
- How does an issuer apply for coordinated equity review?
