Maine Instructions for Filing Form SCOR (Small Corporate Offering Registration): 1. The Maine Small Corporate Offering Registration (SCOR) allows companies to raise capital from investors in the State of Maine without having to register with the Maine Office of Securities. 2. Companies can issue up to $1 million in securities without registering with the SEC or state securities' regulator. 3. Companies registering with the Maine Office of Securities must file Form SCOR with the Office, along with all required documents and fees. 4. Required documents include: a. Disclosure document, b. Application, c. Consent of the issuer, d. Consent of the transfer agent, e. Assumption of responsibility by the issuer, f. Filing fee. 5. The filing fee is $300 payable to the Maine Office of Securities. 6. All filings must be submitted to the Office by mail or in person. 7. The Office will review the filing and either approve, deny, or request additional information. 8. If approved, the Office will issue a Certificate of Registration. 9. Companies must file an annual report with the Office each year. 10. Companies must also provide additional disclosure documents to the Office upon request.
Maine Instructions for Filing Form SCOR (Small Corporate Offering Registration): 1. The Maine Small Corporate Offering Registration (SCOR) allows companies to raise capital from investors in the State of Maine without having to register with the Maine Office of Securities. 2. Companies can issue up to $1 million in securities without registering with the SEC or state securities' regulator. 3. Companies registering with the Maine Office of Securities must file Form SCOR with the Office, along with all required documents and fees. 4. Required documents include: a. Disclosure document, b. Application, c. Consent of the issuer, d. Consent of the transfer agent, e. Assumption of responsibility by the issuer, f. Filing fee. 5. The filing fee is $300 payable to the Maine Office of Securities. 6. All filings must be submitted to the Office by mail or in person. 7. The Office will review the filing and either approve, deny, or request additional information. 8. If approved, the Office will issue a Certificate of Registration. 9. Companies must file an annual report with the Office each year. 10. Companies must also provide additional disclosure documents to the Office upon request.
