Definitions for "Use of proceeds"
The purpose to which the company intends to use the funds raised from new investors. The investment documentation often stipulates that the funds must be used for this purpose.
How the company plans to use the monies it generated from an IPO or Secondary.
A listing of the intended uses of money raised from a private or public placement offering. Much can be determined about the business expertise and the legitimacy of the offering by a careful study of the Use of Proceeds.