Or. Admin. Code § 441-065-0221

Current through Register Vol. 64, No. 1, January 1, 2025

Section 441-065-0221 - Application and Information Requirements for a SOAR Offering

(1) An application to register securities filed under the SOAR Offering shall include the following:

(a) A completed Form 440-2013 (a form for the registration of limited or non-public offerings);

(b) A copy of the written disclosure materials required by OAR 441-065-0222;

(c) A non-refundable registration fee as set in OAR 441-065-0001;

(d) Unless the offering is being sold through a licensed broker-dealer or by a person exempt from the licensing requirements, at least one completed salesperson application on FINRA Form U-4 and a per person non-refundable license fee as set in OAR 441-175-0002;

(e) An escrow, or similar arrangement, agreement;

(f) Pro forma financial statements that include a description and documentation of any material assumptions and demonstrate when the issuer expects to be profitable; and

(g) Any additional or supplementary materials requested by the Director.

Or. Admin. Code § 441-065-0221

FSR 5-2018, adopt filed 04/26/2018, effective5/1/2018

Statutory/Other Authority: ORS 59.065, 59.085 & 59.285

Statutes/Other Implemented: ORS 59.065 & 59.085