Description

This article is from the Investing Articles: Public Offerings: IPO and DPO series.

SCOR Offering

SCOR (Small Corporate Offering Registration) is a do-much-of-it-yourself securities registration document ("prospectus") in the form of a 50-question form designed so that knowledgeable business people, their attorneys and accountants can create the documents needed to sell state-registered securities to the general public--a direct public offering.

• Issuers can raise up to $1 million every twelve months
• Securities must be registered in states where they are sold
• Stock is not restricted and can be traded in secondary markets
• Issuer can use their regular attorney and accountant
• Uses 50-question form U-7 format
• Approximately one in four of approved SCORs raised at least their minimum subscription in1994.

 

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IPO, DPO, Initial and Direct Public Offerings, costs, expenses, underwriting process, form U7, private placement, registration instructions, capitalizations, SCOR, financial information, investing, investment tools, reference