Ch 2 Deck 1 Flashcards
when a company raises money by creating and selling shares to the public and proceeds go to issuer
primary offering
when a company issues securities for the first time (company goes public)
IPO
when a company issues additional securities after its securities are already publicly traded
Follow-on offering
when a company raises money by creating and selling shares to the public and proceeds go to the major shareholders
Secondary Offering
In a Split Offering proceeds go
partly to issuer partly to shareholders
Offering that is part primary and part secondary
Split offering
Main thrust of the securities act of 1933 is
to provide disclosure to investors who may want to invest in the securities
Securities Act of 1933 requires that investors are given a
prospectus giving detailed information