1. (a) An issuer may engage in public advertising or general solicitation of securities in an offering relying on the exemption in AS 45.55.175 if

   1. (1) the issuer files a copy of the advertising or solicitation materials with the administrator at least 10 days before the use of those materials;
   2. (2) the advertisement or solicitation is directed only to residents of this state; and
   3. (3) before advertising or solicitation materials are viewed, each person viewing the materials affirmatively certifies that they are a resident of this state.

2. (b) Advertising or solicitation materials may contain only the following information:

   1. (1) the name and contact information of the issuer;
   2. (2) a brief description of the general type of business of the issuer;
   3. (3) the type of security offered;
   4. (4) the minimum target offering amount and total offering amount;
   5. (5) a description of how the issuer will use the funds;
   6. (6) the deadline for raising funds through the offering;
   7. (7) the issuer's logo; and
   8. (8) a link to the issuer's website in which the securities are offered or sold or to a third-party website in which the securities are advertised.
3. (c) The advertisement, including any advertisement through a website, must clearly state that the advertisement does not constitute an offer to sell a security and must include contact or other relevant information notifying an interested person how the person can obtain the required disclosure information.
4. (d) Advertising to the general public without regard to residency, or advertising information outside the scope of this section is prohibited.

(Eff. 11/26/2016, Register 220)

Authority: AS 45.55.175, AS 45.55.950