Delaware

Delaware is a disclosure jurisdiction.
Delaware accepts the Uniform Application to Register Securities (Form U1), and allows for electronic signature of forms.
Registration requires filing the following:

(1) A completed application Form U-1, Uniform Application to Register Securities;
(2) An irrevocable consent appointing the Investor Protection Director agent for the service of process, executed by the issuer on Form U-2, Uniform Consent to Service of Process;
(3) One copy of the prospectus which is to be provided to offerees under Section 73-204(d) of the Act;
(4) The appropriate filing fee; and
(5) Any other document or information requested by the Unit.

Delaware collects a variable fee calculated as 0.5% of the maximum aggregate offering price of securities to be offered in Delaware during the initial registration period, with a minimum of $200 and a maximum of $1,000. Fees should be payable to “State of Delaware”. Payments should be sent to the following address:

 

Mailing Address:
Delaware Investor Protection Unit (DOJ)
820 North French Street, 5th Floor
Wilmington, DE 19801
Courier Address:
Delaware Investor Protection Unit (DOJ)
820 North French Street, 5th Floor
Wilmington, DE 19801

For additional information, please visit the Investor Protection Unit’s website or contact them at 302-577-8424.

In addition, we will require notice filings for Tier 2 offerings in Delaware as follows:
(1) A completed Regulation A – Tier 2 notice filing form or copies of all documents filed with the Securities and Exchange Commission;

(2) A consent to service of process on Form U-2 if not filing on the Regulation A – Tier 2 notice filing form; and

(3) The filing fee prescribed by Section 73-208(c) and Rule 404(d).

Delaware collects a variable fee calculated as 0.5% of the maximum aggregate offering price of securities to be offered in Delaware during the initial registration period, with a minimum of $200 and a maximum of $1,000. Fees should be payable to “State of Delaware”. Payments should be sent to the following address:

Mailing Address: Courier Address:
Delaware Investor Protection Unit (DOJ)
820 North French Street, 5th Floor
Wilmington, DE 19801 Delaware Investor Protection Unit (DOJ)
820 North French Street, 5th Floor
Wilmington, DE 19801

For additional information, please visit the Investor Protection Unit’s website or contact them at 302-577-8424.

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