Minimum/Maximum Offering In a best efforts underwriting or a direct public offering, there may be a minimum and a maximum number of shares offered for sale. If orders are received for less than the minimum during the offering period, then the offering is cancelled and any money received is returned (funds are usually required to be deposited in escrow). If offers are received for more than the maximum, then shares may be prorated among investors.
Welcome to our Legal Directory Legal & Compliance, LLC is a national corporate and securities law firm that focuses on the specific needs of OTCBB and Bulletin Board Companies. Focus areas include but are not limited to: Contact us immediately for a complimentary initial consultation. Laura Anthony, Founding Partner
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