Small Business Decision Tree

You have indicated your business will be able to raise the money it needs in a private offering without selling to more than 35 non-accredited investors in this state. Washington law limits the number of non-accredited investors in this state in private offerings under one of the private offering exemptions to 20 or fewer.

Question

Will your business be able to raise the money it needs without selling to more than 20 non-accredited investors in this state?

Your Answer

Yes, my company will be able to raise the amount of capital that is needed without selling to more than 20 non-accredited investors in this state.

No, my company will need to sell securities to more than 20 non-accredited investors in this state in order to raise the necessary capital.