Reg D 506 b

Regulation D is a set of SEC rules that provides exemptions from the registration requirements typically necessary when companies offer or sell securities.

Rule 506(b)

• Unlimited Capital Raise: Allows companies to raise an unlimited amount of capital.
• Investor Limits: Up to 35 non-accredited investors and an unlimited number of accredited investors.
• General Solicitation: Prohibited; companies cannot advertise or broadly market the offering.
• Information Requirements: Companies must provide non-accredited investors with disclosure documents similar to those used in registered offerings.