69W-500.015. Exemption for Offers and Sales of Securities of Foreign Issuers to Non-U.S. Persons in Offshore Transactions

(1) Any offer or sale of securities of a foreign issuer made to a person, other than a U.S. person, in an offshore transaction that is exempt from registration pursuant to Regulation S (17 C.F.R. §§230.901 through 230.905), which is incorporated by reference in rule 69W-200.002, F.A.C., is hereby exempted from the registration requirements of section 517.07, F.S. (2) For purposes of this rule, the terms “foreign issuer,” “offshore transaction,” and “U.S. person,” shall have the meanings prescribed in rule 902 of Regulation S (17 C.F.R. §230.902).