Icarus Company Is Considering Making an Offering of Its Common

question 4

Essay

Icarus Company is considering making an offering of its common shares under the Securities Exchange Act of 1933 Regulation A.What are the requirements it must meet?
Icarus must be a nonpublic company and may sell no more than $5,000,000 of securities in a one-year period.It must file an offering circular (a disclosure document)with the SEC.The offering circular is required to contain a balance sheet dated within 90 days before the filing date of the offering circular.It must also contain two years' income statements,cash flow statements,and statements of shareholder equity.Icarus must file the offering circular with the SEC and wait 20 days before it may sell the securities.Icarus may sell to an unlimited number of purchasers of any type and may make general solicitations.Resale of the securities is not restricted.

Comprehend the use of contracts and reinforcement in behavior modification.

Understand the therapeutic goal of establishing links between undesired behaviors and unpleasant outcomes.

Understand the concept of symbolic racism and its implications in society.

Comprehend the dynamics of social dominance orientation and its influence on political and social views.

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Definitions:

After-taxes

Refers to income or financial figures that remain following the deduction of all applicable taxes, often used to assess the true net gain or financial status of an individual or entity.

After-tax Value

The net value of an investment after all taxes have been subtracted.

Retirement Plan

A financial strategy designed to provide individuals with income upon retirement, often involving savings, investments, and other benefits.

Tax Level

The rate at which income, corporate profits, or other assets are taxed by the government.