Securities and Security Exemptions
What is Regulation S?
Regulation S is a registration exemption which allows securities only to be sold to non-US investors (accredited or unaccredited) exclusively outside of the United States.
Selling Restrictions: Securities acquired under Reg S are considered ‘restricted securities’ and are restricted from being resold in the United States during a "compliance period" which may be up to one year from their issuance. Read more here.
Know Your Rights: There are no specific disclosure requirements (i.e., filings) under Reg S per federal law, however, Republic ecosystem will not allow an issuer to conduct an offering without making disclosures similar, though not identical, to those required under Regulation CF. Read more here.
If you'd like to learn more about the Reg S registration exemption, additional information can be found here.