Extract to table

As discussed in detail in Section V below, the CV structure must be carefully designed to ensure that the holding period tacks through the transfer to the CV so that the March 2026 date is not reset

Further diligence is required to confirm that Vectral's gross assets did not exceed this threshold at the time of issuance

To qualify as QSBS under Section 1202, stock must satisfy all of the following requirements: (a) Domestic C-Corporation

The stock must be stock of a domestic C-corporation

The stock must be acquired by the taxpayer at its original issuance (directly or through an underwriter), in exchange for money, property (other than stock), or services

At the time of issuance, the corporation must be a "qualified small business," meaning its aggregate gross assets did not exceed $50 million (including the amount received in the issuance)