Form 133.21 Crowdfunding Exemption Notice - Texas

What Is Form 133.21?

This is a legal form that was released by the Texas State Securities Board - a government authority operating within Texas. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is Form 133.21?A: Form 133.21 is the Crowdfunding Exemption Notice form used in Texas.

Q: What is crowdfunding?A: Crowdfunding is the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the internet.

Q: What is a crowdfunding exemption?A: A crowdfunding exemption is an exemption from certain securities registration requirements that allows companies to raise funds through crowdfunding.

Q: Who uses Form 133.21?A: Form 133.21 is used by companies in Texas that want to offer securities under the crowdfunding exemption.

Q: What information is required on Form 133.21?A: Form 133.21 requires information about the company, the crowdfunding offer, the exemption being claimed, and the offering statement.

Q: Are there any filing fees for Form 133.21?A: Yes, there are filing fees associated with Form 133.21. The fees vary depending on the amount of securities being offered.

Q: Can individuals invest in crowdfunding offerings?A: Yes, individuals can invest in crowdfunding offerings, but there are certain limitations and requirements that must be met.

Q: What are the limitations on crowdfunding offerings?A: Crowdfunding offerings are subject to certain investment limits, depending on the investor's income or net worth.

Q: Can companies advertise their crowdfunding offerings?A: Yes, companies can advertise their crowdfunding offerings, but there are certain restrictions on the content and manner of the advertisements.