Form 203-P - Notice Under Section 203(P) Of The Pennsylvania Securities Act Of 1972 Page 2
ADVERTISEMENT
1
2
3
4
5other specified portion of the document where the information is located.
6.
All purchasers must be informed of the two-business day right of withdrawal contained
in Section 207(m)(2) of the Act and disclosure of such a notice should appear
prominently by underlining or capitalization in materials to be given to investors.
Section 207(m)(2) is reproduced below:
Section 207(m)(2). “If you have accepted an offer to purchase these securities and have
received a written notice explaining your right to withdraw your acceptance pursuant to
section 207(m)(2) of the Pennsylvania Securities Act of 1972, you may elect, within two
business days from the date of receipt by the issuer of your binding contract of purchase,
or in the case of a transaction in which there is no binding contract of purchase, within two
business days after you make the initial payment for the securities being offered, to
withdraw your acceptance and receive a full refund of all moneys paid by you. Your
withdrawal of acceptance will be without any further liability to any person. To accomplish
this withdrawal, you need only send a written notice (including a notice by facsimile or
electronic mail) to the issuer (or placement agent if one is listed on the front page of the
offering memorandum) indicating your intention to withdraw.
7.
Attach copies of any offering circular, prospectus, memorandum, subscription agreement
or other document or brochure which has been or is proposed to be used in connection
with the offering of the securities which are the subject of this filing.
8.
The issuer will be required to maintain the books and records required by Section 209
and the regulations thereunder and, if applicable, will be required to make the reports
required by Sections 209 and 606(a) and the regulations adopted thereunder.
9.
The appropriate filing fee required in Section 602(b.1)(x) of the Act must accompany the
filing of this Form and is a condition of the availability of the exemption (see 70 P.S. § 1-
203(p)). Checks are to be payable to the “Commonwealth of Pennsylvania.” There is no
provision for a refund of a filing fee (see 70 P.S. § 1-602(b.2)).
10.
Please remove this instruction sheet before filing this Form.
EACH PERSON COMPLETING THIS FORM OR PROVIDING INFORMATION TO BE
INCLUDED IN THIS FORM SHOULD BE FAMILIAR WITH THE PENALTIES
CONTAINED IN THE ACT, AND ALL REGULATIONS ADOPTED THEREUNDER, FOR
MAKING FALSE OR INCOMPLETE STATEMENTS IN CONNECTION WITH THE SALE
OF A SECURITY OR IN ANY FILING WITH THE COMMISSION.
18
ADVERTISEMENT
0 votes
Related Articles
Related forms
Form 203-o - Application Under Section 203(o) Of The Pennsylvania Securities Act Of 1972 - 2013
Legal
Form No. 15h - Declaration Under Section 197a (1a) Of The Income Tax Act, 1961 To Be Made By A Persons Claiming Receipt Of Interest Other Than "interest On Securities" Or Income In Respect Of Units Without Deduction Of Tax
Financial
Form No. 15h - Declaration Under Section 197a(1c) Of The Income-tax Act, 1961 To Be Made By An Individual Who Is Of The Age Of Sixty Years Or More Claiming Certain Receipts Without Deduction Of Tax
Financial
Form No. 15h - Declaration Under Section 197a(1c) Of The Income-tax Act, 1961 To Be Made By An Individual Who Is Of The Age Of Sixty Years Or More Claiming Certain Receipts Without Deduction Of Tax
Financial
Form No. 15h - Declaration Under Section 197a(1c) Of The Incometax Act, 1961 To Be Made By An Individual Who Is Of The Age Of Sixty Years Or More Claiming Certain Receipts Without Deduction Of Tax
Financial
Form No. 15h - Declaration Under Section 197a(1c) Of The Incometax Act, 1961 To Be Made By An Individual Who Is Of The Age Of Sixty Years Or More Claiming Certain Receipts Without Deduction Of Tax
Financial
Related Categories
Parent category: Legal