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      SEC General Solicitation Exemption

      The General Solicitation exemption applies to companies that file Regulation D (Reg D) for their fundraise using the 506(c) exemption. This exemption allows companies to publicly advertise their fundraising efforts but requires them to verify that all investors are accredited.

      Key Points:

      • Applicable Exemption: Reg D, Rule 506(c)
      • Public Advertising: Allowed
      • Investor Requirements: Only accredited investors, with mandatory verification
      • Not Applicable To: Fundraises under 506(b), which prohibits general solicitation

      Further Information:
      For official SEC guidance, visit: SEC General Solicitation Compliance Guide.