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Business, 06.06.2020 17:00 tylorroundy

Drilling Tools, Inc., wants to make an initial public offering of securi-ties. Drilling Tools believes that it qualifies for an exemption under Regulation A from the full registration requirement of the federal Securities Act of 1933.If Drilling Tools is exempt from the federal registration requirement, Drilling Tools is:. a. not necessarily exempt under a state registration requirement. b. automatically exempt from any state registration requirement. c. not subject to any state securities laws. d. automatically subject to all state registration requirements.

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