Respuesta :
Answer:
(D) An exchange offering.
Explanation:
You cannot sell stocks in the exchange offering because in exchange offering there is a swap of security with different security which also has the value and does not constitute a "sale". and different value.
You can sell stocks in 144 offering, A private placement and a registered offering.
Hence the answer is option d.
Answer:
Under security industry regulations, the restricted shares cannot be sold in exchange offering
Explanation:
The stock can't be "sold" through a bond because an exchange trades security with value for another protection that also has value and does not constitute a "sale,"
An exchange offer is a type of stock offering in finance, corporate law and securities law in which securities are provided as a consideration rather than cash
in exchange offer a company offers to provide one protection, including a bond or preferred stock, in return for another protection, such as preferred stock shares.
