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DEF Company is incorporating and coming to market with an initial public offering of common stock. The company has already filed their registration statement and the registration has become effective. The company sees that demand for securities is high, and decides to amend the total amount of common stock that will be offered. Would this amendment be allowable under the rules of the Uniform Securities Act

Respuesta :

Answer: Yes. The amendment be allowable under the rules of the Uniform Securities Act.

Explanation:

Based on the scenario that have been provided in the question,the amendment will be allowable under the rules of the Uniform Securities Act.

It should be noted that even though the amendments that are made to a registration statement are not allowed when it's beyond the effective date, there is a limited exception when the modification is made to the amount of securities that are being offered.

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