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Question
Kitsch Niche Corporation is a noninvestment company that wants to issue $3 million of stock in a twelve-month period. Kitsch Niche, with less than $20 million in annual sales, qualifies as a small business issuer. Before Kitsch Niche sells the stock, it must provide investors withA.an offering circular.
B.a notice of the issue.
C.a red herring prospectus.
D.a tombstone ad.
Answer
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