Invest Kansas Exemption (IKE)
This exemption is designed to enable small businesses and other organizations formed in Kansas to raise up to $1,000,000 during a 12-month period with minimal regulatory requirements. Sales to any one purchaser are limited to $5,000 unless the purchaser is an accredited investor as defined by Rule 501 of SEC Regulation D under the Securities Act of 1933.
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Specifics
- Citation: K.A.R. 81-5-21.
- Filing Requirement: Notice in either written or electronic form on Form IKE. The notice filing is due before any general solicitation.
- Fee Requirement: None