506x Site

: The issuer must have a "reasonable belief" that the investor is accredited, often based on the investor's own questionnaire. Rule 506(c): The "General Solicitation" Exemption

: Unlike 506(b), companies can use their website, social media, or other public advertisements to attract investors.

: Issuers are strictly prohibited from using public advertising or "general solicitation" to market the deal. : The issuer must have a "reasonable belief"

For deeper reading, you can find a comprehensive comparison guide at Carta or view a detailed comparison chart from Dunn Carney LLP .

This is the traditional route used by many private companies to raise unlimited capital. For deeper reading, you can find a comprehensive

Introduced by the JOBS Act, this rule allows for much broader marketing of a deal.

: Companies can sell to an unlimited number of Accredited Investors and up to 35 "sophisticated" non-accredited investors. : Companies can sell to an unlimited number

506(b) vs. 506(c) Offerings: A Guide for Private Funds - Carta