Any investment contract that gives a party to the contract evidence of a debt or a business participation right can be a security covered by the Federal Securities Act of 1933. Certain stock issue transactions are also exempt (i.e., exempt from registration with the Securities and Exchange Commission).
The most common exempt transaction that close corporations take advantage of is the intrastate offering. To qualify for this exemption, both the investors and the issuer must all be residents of the same state. The issuer must also meet the following requirements:
" 80% of its assets must be located in the state;
" 80% of its income must be earned from operations within the state; and
" 80% of the proceeds from the sale must be used on operations within the state.
Also, for nine months after the issuance, the stock can only be sold to state residents.
If the offering is not exempt, then the issuer must go through the registration process with the Securities and Exchange Commission.
Wake North Carolina Promotion Agreement for the Purpose of Raising Money for a Business is a legally binding contract entered into by businesses located in Wake County, North Carolina, with the intention of raising funds for their operations, expansion, or specific projects. This agreement outlines the terms and conditions under which the business will cooperate with promotional activities in order to attract potential investors or sources of funding. Keywords: Wake North Carolina, promotion agreement, raising money, business, legally binding contract, businesses located in Wake County, funds, operations, expansion, projects, terms and conditions, cooperate, promotional activities, potential investors, sources of funding. There are various types of Wake North Carolina Promotion Agreements for the Purpose of Raising Money for a Business. Here are a few examples: 1. Equity Investment Promotion Agreement: This type of agreement focuses on attracting investors who are willing to provide capital in exchange for equity or shares in the business. The terms and conditions stipulate the percentage of ownership, investment amount, and rights associated with the shares. 2. Crowdfunding Promotion Agreement: In this type of agreement, businesses leverage crowdfunding platforms or websites to raise funds from many individuals. The agreement specifies the promotional strategies, funding targets, and the distribution of perks or rewards to contributors. 3. Loan Promotion Agreement: This agreement is designed to attract lenders who can provide debt financing to the business. It outlines the promotional efforts to increase awareness about the loan opportunity, interest rates, repayment terms, and the collateral offered by the business. 4. Grant Promotion Agreement: Non-profit organizations or businesses seeking grants may enter into this agreement to promote their cause or projects to potential grant-giving entities. The agreement details the promotional activities, purpose of the grant, reporting requirements, and any specific conditions associated with the funding. 5. Angel Investor Promotion Agreement: Businesses looking for high-net-worth individuals or "angel investors" who are willing to invest in early-stage ventures enter into this agreement. The terms typically include promotional strategies, investment amounts, equity or ownership stakes, and participation in decision-making. In conclusion, Wake North Carolina Promotion Agreements for the Purpose of Raising Money for a Business are diverse and tailored to the specific funding needs of each business. These agreements aim to establish clear guidelines for cooperative promotional activities and attract potential investors or funding sources to support the growth and success of the business.Wake North Carolina Promotion Agreement for the Purpose of Raising Money for a Business is a legally binding contract entered into by businesses located in Wake County, North Carolina, with the intention of raising funds for their operations, expansion, or specific projects. This agreement outlines the terms and conditions under which the business will cooperate with promotional activities in order to attract potential investors or sources of funding. Keywords: Wake North Carolina, promotion agreement, raising money, business, legally binding contract, businesses located in Wake County, funds, operations, expansion, projects, terms and conditions, cooperate, promotional activities, potential investors, sources of funding. There are various types of Wake North Carolina Promotion Agreements for the Purpose of Raising Money for a Business. Here are a few examples: 1. Equity Investment Promotion Agreement: This type of agreement focuses on attracting investors who are willing to provide capital in exchange for equity or shares in the business. The terms and conditions stipulate the percentage of ownership, investment amount, and rights associated with the shares. 2. Crowdfunding Promotion Agreement: In this type of agreement, businesses leverage crowdfunding platforms or websites to raise funds from many individuals. The agreement specifies the promotional strategies, funding targets, and the distribution of perks or rewards to contributors. 3. Loan Promotion Agreement: This agreement is designed to attract lenders who can provide debt financing to the business. It outlines the promotional efforts to increase awareness about the loan opportunity, interest rates, repayment terms, and the collateral offered by the business. 4. Grant Promotion Agreement: Non-profit organizations or businesses seeking grants may enter into this agreement to promote their cause or projects to potential grant-giving entities. The agreement details the promotional activities, purpose of the grant, reporting requirements, and any specific conditions associated with the funding. 5. Angel Investor Promotion Agreement: Businesses looking for high-net-worth individuals or "angel investors" who are willing to invest in early-stage ventures enter into this agreement. The terms typically include promotional strategies, investment amounts, equity or ownership stakes, and participation in decision-making. In conclusion, Wake North Carolina Promotion Agreements for the Purpose of Raising Money for a Business are diverse and tailored to the specific funding needs of each business. These agreements aim to establish clear guidelines for cooperative promotional activities and attract potential investors or funding sources to support the growth and success of the business.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.