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V O L. 7 N O. 7 July August 1 9 9 9 SAN FRANCISCO Northern California Chapter of the Appraisal Institute State of the Chapter Mid-Year Report M ore than half of my year as Chapter President has passed.

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What is 7 n o?

7 n o refers to the Form 7, Notice of Exempt Offering of Securities, which is filed with the SEC to claim an exemption from registration requirements for certain securities offerings.

Who is required to file 7 n o?

Companies or issuers planning to offer securities without having to register them with the SEC are required to file Form 7, Notice of Exempt Offering of Securities (Form 7 n o).

How to fill out 7 n o?

To fill out Form 7 n o, companies must provide information about the offering, the issuer, and the exemption claimed. The form can be filed electronically through the SEC's EDGAR system.

What is the purpose of 7 n o?

The purpose of Form 7 n o is to notify the SEC and potential investors that the issuer is claiming an exemption from registration requirements for a securities offering.

What information must be reported on 7 n o?

Information such as the issuer's name, address, type of securities offered, exemption claimed, offering amount, and any related parties involved must be reported on Form 7 n o.