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A Rule 144A exemption from the 6-month restriction for restricted stock if the private placement is...

  1. A Rule 144A exemption from the 6-month restriction for restricted stock if the private placement is sold to a QIB through the
  1. PORTAL market
  2. NASDAQ market
  3. NYSE market
  4. Restricted market

Solutions

Expert Solution

QIB can purchase the shares through the private placement of a restricted stock by 144 A exemption through electronic trading platform of Nasdaq known as PORTAL.

All the other statements are false.

Correct answer will be option (A) PORTAL market

jeff jeffy answered 2 years ago
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