The $10,000,000 Small-Offering Exemption

What this video covers

• The $10,000,000 cap, and how it is reduced by prior sales under this same exemption within the trailing 12 months or sold in violation of registration
• How aggregate offering price captures non-cash consideration including services, property, notes, and cancellation of debt
• The three issuer categories permanently excluded: Exchange Act reporting companies, investment companies, and blank-check development-stage companies
• Why general solicitation is banned by default, and the three specific state-law paths that create a narrow exception
• The mandatory accredited-investor restriction when using a state exemption that itself permits general solicitation and advertising
• The January 20, 2017 hard date for bad-actor disqualification, versus the pre-date disclosure alternative
• How to distinguish current $10,000,000 thresholds from repealed $5,000,000 and $1,000,000 ghost figures in outdated answer choices