PURPOSE: This rule prescribes the procedures
and the record that needs to be provided to offerees to comply with section
409.2-202(17)
of the Missouri Securities Act of 2003.
(1) Scope of the Exemption. The solicitation
of interest exemption under section
409.2-202(17)
of the Missouri Securities Act of 2003 (the Act) is only available to issuers
that are eligible and relying on an exemption under the Securities Act of
1933.
(2) Form and Content. The
record to offerees shall consist of a preliminary offering document that meets
the following requirements:
(A) The outside
front cover page shall comply with subsection 230.255(a)(1) of regulation A
under the Securities Act of 1933 or shall state-
A registration statement pursuant to the Missouri Securities
Act of 2003 relating to these securities has been filed with the Missouri
Securities Division. This Preliminary Offering Document is being distributed
pursuant to the exemption under section
409.2-202(17)
of the Missouri Securities Act of 2003. Information contained in this
Preliminary Offering Document is subject to completion or amendment. These
securities may not be sold nor may offers to buy be accepted prior to the time
an offering document which is not designated as a Preliminary Offering Document
is delivered and the offering statement filed with the Division becomes
qualified. This Preliminary Offering Document shall not constitute an offer to
sell or the solicitation of an offer to buy. Under no circumstances shall the
issuer collect any funds for the securities while relying upon the exemption
under section 409.2-202(17)
of the Missouri Securities Act of 2003. and
(B) The preliminary offering document shall
contain substantially the information required in an offering circular under
the form 1-A or form U-7.
(3) Filing. The issuer shall file the
preliminary offering document and all related documents with the Securities
Division as part of the registration statement prior to making any
solicitations of interest under the exemption of section
409.2-202(17).
(4) No funds can be collected by the issuer
for the securities while relying upon the exemption under section
409.2-202(17).
Notes
15 CSR 30-54.175
AUTHORITY:
sections 409.2-202(17), 409.6605 and 409.6-608, RSMo Supp. 2003.* Emergency
rule filed Oct. 10, 2003, effective Nov. 3, 2003, expired April 30, 2004.
Original rule filed Oct. 10, 2003, effective April 30,
2004.
AUTHORITY: sections
409.2-202(17)409.6-605409.6-608, RSMo Supp. 2003.* Emergency rule filed Oct.
10, 2003, effective Nov. 3, 2003, expired April 30, 2004. Original rule filed
Oct. 10, 2003, effective April 30, 2004.
