Question

NewCo is interested in raising up to $1 million in equity capital from many small unaccredited investors through a licensed Internet portal during one 12-month period. NewCo also wants to be exempt under the blue sky laws of each applicable state. NewCo should participate in:

Answer 1

You could participate in a collective financing offer.

Step-by-step explanation:

Collective financing, also called crowdfunding, are those small investments that the company makes available to different investors. It is considered collective because it is divided into many small investments in which the investor has a limit on the amount to participate in the purchase for 12 months.

It has been observed that this is a widely used method to raise funds in charities or finance new projects.

I hope this information can help you.