To Qualify for a Rule 147 (Intrastate) Public Stock Offering

question 28

Multiple Choice

To qualify for a Rule 147 (intrastate) public stock offering, a company must ________ in the state in which it makes this offering.

• A) be incorporated and maintain its executive offices
• B) derive 80 percent of its revenue
• C) use 80 percent of the offering proceeds for business
• D) All of the above

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Definitions:

Low-Birth-Weight

A term used to describe newborns weighing less than 2500 grams (5 pounds, 8 ounces) at birth.

Prenatal Care

The health care that a pregnant woman receives before her baby is born, aimed at ensuring a healthy pregnancy and delivery.

Respiratory Distress Syndrome

A medical condition primarily affecting premature infants characterized by difficulty breathing due to insufficient surfactant in the lungs.

Hyaline Membrane Disease

A respiratory disorder primarily in premature infants, characterized by difficulty breathing due to the formation of a glassy membrane in the lungs.