Can I Generally Solicit Now?

Question and answerQ: Can I generally solicit or generally advertise my offering before September 23, 2013?

A: No. You can’t generally solicit or generally advertise your offering until September 23, 2013. Until September 23, 2013, general solicitation or general advertising of securities offerings is still illegal.

So please don’t do it. It is not worth it.

If you want to have a sense of how much trouble you can get into, you can review this SEC action:

SEC Press Release

See also: NY Times Article

About Joe Wallin

Joe Wallin focuses on emerging, high growth, and startup companies. Joe frequently represents companies in angel and venture financings, mergers and acquisitions, and other significant business transactions. Joe also represents investors in U.S. businesses, and provides general counsel services for companies from startup to post-public.
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