Question: can you explain why it is correct? Transactions which are exempt from SEC registration include a. A Private Placement issuance of shares i.e. not offered

can you explain why it is correct?
Transactions which are exempt from SEC registration include a. A "Private Placement" issuance of shares i.e. not offered to over 35 private "unaccredited investors" b. Shares sold by a "WKSI" (Well Known Seasoned Issuers) c. Bonds issued by any company whose annual revenues were less than $5,000,000 in the previous 12 month period. d. All these options are correct
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