The initial document published by an underwriter of a new issue of stock to...
A PROSPECTUS that is filed with the SECURITIES AND EXCHANGE COMMISSION (SEC), usually with the REGISTRATION STATEMENT,and that is distributed to investors, and that does not contain the offering price of the SECURITY. It includes a "prospectus subject to completion" as used in 17 CFR 230.434(a). A PRELIMINARY PROSPECTUS is also known as a RED HERRING.
The first document released by the underwriter of a new issue to prospective purchasers during the cooling-off period. The preliminary prospectus includes information about the offering and about the company, but does not contain all the information that will be included in the final prospectus. The preliminary prospectus is also known as the "red herring."
The form of prospectus used to solicit indications... Add a comment
a first draft of a prospectus; must be clearly marked to indicate that parts may be changed in the final prospectus; "because some portions of the cover page are printed in red ink a preliminary prospectus is sometimes called a red herring"
The first document issued by an underwriter of a new issue to prospective investors. Also known as a "Red Herring."
This is the offering document printed by the company containing a description of the business, discussion of strategy, presentation of historical financial statements, explanation of recent financial results, management and their backgrounds and ownership. The preliminary prospectus has red lettering down the left hand side of the front cover of the prospectus and is called the "red herring." It is the company's principal marketing document. Management, when touring on the road show, is limited to discussing only the information contained in the prospectus.
An initial or unofficial prospectus prepared for distribution to investors in a new security issue prior to SEC approval of the issuer's registration statement. Also known as a red herring prospectus because of the red ink on the cover of the document.
A preliminary version of a prospectus.
The first offering document printed by the company with some of the details of an IPO. The price range and number of shares to be issued is usually included in the preliminary prospectus but the terms may be changed before the final prospectus is distributed. Some lettering on the front cover is printed in red so many people refer to it as the "red herring." During presentations to potential investors, company representatives are limited to discussing only information that is contained in the current prospectus.
