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The cost of a rule 144 opinion letter can vary depending on the issuing law firm. However, most firms charge between $1,500 and $3,000 for a standard opinion letter.
A rule 144 opinion letter is an important document that confirms that a company's restricted stock is eligible for resale under Rule 144 of the Securities Act of 1933.
This type of legal opinion is issued by a law firm and provides an overview of the company's financial history and current state, as well as confirmation that all applicable rules and regulations have been followed.
Published: Oct 24, 2022
Updated: Oct 24, 2022
Publications
Rule 144: Removing the Restrictive Legend