Is registered directly offering and self registration same

No, registered direct offering and self-registration are not the same.

1. Registered Direct Offering (RDO):
   • A registered direct offering is a type of securities offering that combines elements of public and private transactions.
   • It involves the sale of securities to institutional investors through a placement agent.
   • The offering is registered with the SEC using an effective registration statement (usually Form S-3), which allows the securities to be freely traded after the offering.
   • RDOs are typically used by companies to raise capital in a timely and efficient manner, while still providing liquidity to the investors.
2. Self-Registration:
   • Self-registration is a process that allows existing users to enroll in courses or programs without the need for manual intervention.
   • It is a feature offered by some platforms or systems that enable users to register themselves for courses or programs using a self-registration tool.
   • This process is often used in educational settings or for internal training programs, where users can easily sign up for courses based on their eligibility.
3. Key Differences:
   • Registered direct offerings are focused on raising capital through the sale of securities, whereas self-registration is a administrative process for enrolling users in educational or training programs.
   • RDOs involve a public offering that can be traded freely after registration, while self-registration is not a public offering and is limited to existing users or those with specific access.

In conclusion, registered direct offering and self-registration are distinct concepts, with RDOs being a type of securities offering and self-registration being a process for user enrollment in educational or training programs.