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Definition
| financing for new, often high-risk ventures |
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Term
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| a statement filed with the SEC that discloses all material information concerning the corporation making a public offering |
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| an sec regulation that exempts public issues of less than 5 million dollars from the most registration requirements. |
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Definition
| a legal document describing details of the issuing corporation and the proposed offering to potential investors |
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| a preliminary prospectus described to prospective invertors in a new issue of securities |
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Definition
| an advertisement announcing public offering |
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Term
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Definition
| an issue of securities offered for sale to the general public on a cash basis |
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Definition
| a public issue of securities in which securities are first offered to existing shareholders |
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Definition
| a company's first equity issue made available tot the public. |
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Definition
| a new equity issue of securities by a company that has previously issued securities to the public |
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Definition
| investment firms that act as intermediate between a company selling securities and investing public |
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Definition
| a group of underwriters formed to share the risk and to help sell an issue |
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Term
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Definition
| compensation to underwriter, determined by the difference between the underwriter's buying price. |
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Term
| firm commitment underwriting |
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Definition
| the type of underwriting in which the underwriter buys, the entire issue, assuming full financial responsibility |
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Term
| best efforts underwriting |
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Definition
| the type of underwriting in which the underwriter sells as much of the issue as possible, but can return any unsold shares to the issuer without financial responsibility |
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Term
| dutch auction underwriting |
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Definition
| the type of underwriting in which the offer price is set based on competitive bidding by investors |
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Term
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Definition
| a contract provision giving the underwriter the option to purchase additional shares from the issuer at the offering price. |
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Term
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Definition
| the part of the underwriting contract that specifies how long insiders must wait after an IPO before they can sell stock |
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Term
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Definition
| funds to be raised/subscription price |
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Term
| number of rights needed to buy a share of stock |
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Definition
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Term
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Definition
| the date on which existing shareholders on company records are designated as the recipients of stock rights, also the date of record. |
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Definition
| the beginning of the period when stock is sold without a recently declared right, normally two trading das before the holder-of-record date. |
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Term
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Definition
| the type of underwriting in which the underwriter agrees to purchase the unsubscribed portion of the issue |
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Term
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Definition
| an amount paid to an underwriter participating in a standby underwriting agreement |
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Term
| oversubscription privilege |
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Definition
| a privilege that allows shareholders to purchase unsubscribed shares in a rights offering at the subscription |
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Term
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Definition
| loss in existing shareholders' value in terms of ownership, market value, book value, or EPS |
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Term
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Definition
| direct business loans typically one to five years |
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Term
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Definition
| loans provided directly by a limited number of investors |
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Term
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Definition
| registration by SEC rule 415, which allows a company to register all issues it expects to sell within two years at one time, with subsequent sales at anytime within those two years |
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