“Reg CF” Most Active States 30 days

Number of Form C Filings

1. CALIFORNIA - 28
2. NEW YORK - 10
3. PENNSYLVANIA - 7
4. UTAH - 6
5. DELAWARE - 5
6. TEXAS - 5
7. OREGON - 4
8. MARYLAND - 4
9. FLORIDA - 4
10. VIRGINIA - 4