Code of Federal Regulations (Last Updated: May 6, 2024) |
Title 17 - Commodity and Securities Exchanges |
Chapter II - Securities and Exchange Commission |
Part 228 - [Reserved] |
Subpart A - Regulation S-B |
§ 228.504 - (Item 504) Use of Proceeds.
Latest version.
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State how the net proceeds of the offering will be used, indicating the amount to be used for each purpose and the priority of each purpose, if all of the securities are not sold. If all or a substantial part of the proceeds are not allocated for a specific purpose, so state and discuss the principal reasons for the offering.