Transfer Agents and a new Standard for Rule 144 Opinion Letters
Por um escritor misterioso
Last updated 23 março 2025

Transfer agents require convertible note holders to supply a legal opinion letter from a securities attorney explaining the legal basis for issuing stock without a restriction .Shares acquired from conversion of a convertible note can be issued without a restrictive legend because the Rule 144 six months holding period for the Notes can be tacked to the holding period for the stock under Rule 144(d)(3)(ii), but only if the “conversion” is a mere exchange “of other securities of the same Issuer

Transfer Agents and a new Standard for Rule 144 Opinion Letters

What is a Rule 144 Opinion Letter?

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SEC Rule 144: Definition, Holding Periods, and Other Rules

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Who Learns What from Whom: A Review of the Policy Transfer Literature - David Dolowitz, David Marsh, 1996

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Rule 144 Seller's Representation Letter Non-Affiliate - Rule 144
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