JOBS Act Flashcards by Reshmee Bharratt | Brainscape

Q

REG ( Business Law)

What is the revenue limit for an Emerging Growth Company IPO?

A

$1 Billion

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Q

REG ( Business Law)

For an Emerging Growth Company IPO, how many years of audited financial statements are required?

A

2 years

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Q

REG ( Business Law)

How did Reg D, Rule 506 change under the JOBS Act?

A

General Solicitation and Advertising now allowed

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Q

REG ( Business Law)

Under the JOBS Act, what is the capital ceiling under Regulation A?

A

Reg. A Capital ceiling raised from $5M to $50M

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Q

REG ( Business Law)

Under the JOBS Act Title V - Private Company Flexibility and Growth, what is the shareholder limit if there are less than 500 non-accredited shareholders?

A

2,000

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