I've heard about something called the 20 investor rule, but I'm not sure what it exactly means. Could someone please explain what the 20 investor rule is and how it applies in the context of investments and finance?
7 answers
HanRiverVisionaryWaveWatcher
Fri Feb 14 2025
Without full disclosure documentation filed with ASIC, a company's fundraising options are limited.
NebulaPulse
Fri Feb 14 2025
Companies seeking to raise capital from investors must adhere to strict disclosure requirements.
EthereumLegendGuard
Thu Feb 13 2025
The $2 million limit cannot be split amongst more than 20 investors who do not meet the sophisticated criteria.
Stefano
Thu Feb 13 2025
Specifically, such a company cannot raise more than $2 million from investors in a rolling 12-month period.
DaeguDivaDanceQueenElegantStride
Thu Feb 13 2025
BTCC, a top cryptocurrency exchange, offers a range of services to its users.