* THE NORTH AMERICAN SECURITIES ADMINISTRATORS Association (NASAA) has recommended a national disclosure standard using the new Uniform Franchise Offering Circular
Form 1-A, Part F/S, specifies financial statement requirements for all offering circulars
A pathfinder offering circular
will be used in connection with the bookbuilding process with qualified institutional investors.
Kalogerou said that the bank has missed the deadline for publishing an offering circular
-- a precondition for the Commission to consider relisting the issuer -- as the Commission needed to evaluate its contents before referring the request to the CySEC board to decide on whether to relist the bank.
Franchise laws prohibit distribution of most forms of information to prospective franchisees unless it is an offering circular
complying with strict Federal and state requirements.
According to the firm, the permit from the DBO enables the Bank, through its offering Circular
, to raise from USD 12m to USD 16m in additional common equity.
The ratings on individual notes issued under the program will be subject to Moody's review of the terms and conditions set forth in the final base and supplemental offering circular
and pricing supplements of the notes to be issued.
You must carefully read the Franchise Offering Circular
and research the experience of others.
The best source of information is the company's disclosure document, often referred to as the Uniform Franchise Offering Circular
Careful investigation prior to purchasing a franchise also necessitates understanding the Uniform Franchise Offering Circular
, which provides a significant amount of information on that given company.
* Regulation A, which provides a registration exemption for certain small securities offerings, was amended to raise the ceiling on an exempt small offering from $1.5 million to $5 million and to allow issuers to test the waters by soliciting indications of possible investor interest before incurring an offering circular
's preparation costs.
Based on an offering circular
posted by the PSE, the follow-on offering of PHR would run from March 4 to 8 this year after a price-setting on Feb.