You cannot sell stocks in the exchange offering because in exchange offering there is a swap of security with different security which also has the value and does not constitute a "sale". and different value.
You can sell stocks in 144 offering, A private placement and a registered offering.
Under security industry regulations, the restricted shares cannot be sold in exchange offering
Explanation:
The stock can't be "sold" through a bond because an exchange trades security with value for another protection that also has value and does not constitute a "sale,"
An exchange offer is a type of stock offering in finance, corporate law and securities law in which securities are provided as a consideration rather than cash
in exchange offer a company offers to provide one protection, including a bond or preferred stock, in return for another protection, such as preferred stock shares.
I believe the answer is <span>evolutionary perspective. The </span><span>evolutionary perspective refers to the view that all our behavior/psychological tendencies are based on our instinct for survival. </span>Another example evolutionary perspective would be baby who cries whenever near strangers happens as a form of defensive mechanism from threats.
