AI
Tuesday, February 08, 2022 9:57:41 AM
What it means: After the SEC has determined that it is satisfied with the completeness of the materials submitted to it, it will issue a statement that the offering is “Qualified”. This is NOT an approval of the offering, or an assessment of the risks associated with the offering. This simply means that the company filing for qualification has met all of the SEC’s requirements with regards to publicly traded companies.
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