SEC NEW RULES  ON ALLOTMENT OF EQUITY SECURITIES BY PRIVATE COMPANIES
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SEC NEW RULES ON ALLOTMENT OF EQUITY SECURITIES BY PRIVATE COMPANIES

Security and Exchange Commission (SEC) on 7th of May 2024, passed a Rule ‘Exposure of proposed New Rules on the Issuance and Allotment of Private Companies Securities. Apart from regulating how securities are issued by private companies, the new rule is also aimed at providing alternative fundraising options to private companies. In this article, we’ll...