Small Corporate Offering Registration - SCOR
Sometimes referred to as Reg D Rule 504, SCOR is one of the ways for small business to become publicly traded. By using Small Corporate Offering Registration, private company will sell the shares over the counter, directly to dealers and brokers, either online or over the phone. This is the way to avoid IPO and all of the legal costs and regulations related to the IPO.
Private company can raise up to $1 million trough SCOR, but only if such offering is allowed by the regulations.
This is relatively new type of program, so every private company that wants to engage this type of going public, should get a closer look on detailed information within the country the company is registered in.
Small Corporate Offering registration is also called "Direct Public Offering."
| Related Terms: |