Exempt Offering
An exempt offering or transaction is a type of securities transaction where an SPV does not need to file registrations with any regulatory bodies. An exempt offering is a securities exchange that would otherwise have to register with the Securities and Exchange Commission (SEC) but does not because of the nature of the transaction in […]
Expense Reserve
An Expense Reserve is a separate account from the SPVs main bank account, oftentimes set up by the Organizer in the name of the Organizer, to collect funds from investors that will be used to pay the SPVs expenses. When an Organizer uses an Expense Reserve account each investor that wishes to participate in the […]