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Simple English definitions for legal terms

price amendment

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A quick definition of price amendment:

Price Amendment: A change in the information provided to potential investors about the price of a security being offered for sale. This could include changes to the amount of money being raised, the fees charged by underwriters, or other details that affect the price of the security.

A more thorough explanation:

A price amendment is a change made to a registration statement, prospectus, or prospectus supplement that affects the offering price of securities. This change can include alterations to underwriting and selling discounts or commissions, the amount of proceeds, conversion rates, call prices, or other factors related to the offering price.

Example 1: A company is preparing to issue shares of stock to the public. The initial prospectus lists the offering price at $20 per share. However, after conducting market research, the company decides to increase the offering price to $25 per share. This change would require a price amendment to the prospectus.

Example 2: A bond issuer initially sets the conversion rate for its convertible bonds at 50 shares of common stock per $1,000 bond. However, after receiving feedback from investors, the issuer decides to increase the conversion rate to 60 shares per $1,000 bond. This change would require a price amendment to the bond's prospectus.

These examples illustrate how a price amendment can impact the offering price of securities and the related terms and conditions. In both cases, the issuer made changes to the initial offering price or conversion rate, which required an amendment to the prospectus or registration statement.

preventive punishment | price/cost analysis

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I also like CLS for liberal clerking. approx 41 FCOA clerks per yr
It's there if I excel. if not then I'm chill with sticking to BL
texaslawhopefully
15:41
CLS is not even close to Chicago for clerking lmao
choosingpeace
15:41
wait would yall pick CLS or penn?
I didn't apply to either but I would pick penn
15:42
penn bc im in state
no no it's not. But I wouldn't clerk conservative, so idk about Chi #s for myself
cumsock
15:42
Penn
texaslawhopefully
15:42
I guess that's fair. From what I've heard UChicago for conservatives is on par w/ HYS for clerkships
texaslawhopefully
15:42
not sure about for liberals
cumsock
15:43
They’re very similar tho
cumsock
15:43
Both t6 ivies
Is that NYU disrespect???? NYU out the t-6?
15:44
Penn because my college friends who mentored me go there
lilypadfrog
15:45
NYU is a t6 unless they don’t accept me and then idgaf what they’re ranked
texaslawhopefully
15:46
That's the best mentality
texaslawhopefully
15:46
If I get into UChicago it will be CYS
lilypadfrog
15:48
waspy I’m sure he meant to clarify that CYS is Cornell Yale Stanford
yeah just making sure
I look really good in blue tho
obviously cornell is t3
cumsock
15:49
someone from my undergrad is going to columbia for a masters in social work and the way they are talking to me im pretty sure they think thats as hard to get accepted to as columbia law
every prof at cornell glazes it so hard
GreyCeaselessMammoth
15:50
i know so many heads going to various schools for random masters degrees and its like babe its not the sameeee
cumsock
15:50
"The acceptance rate for the Master of Science in Social Work (MSW) program at Columbia University is 74%" does he know?
15:50
@cumsock: some battles are won by avoiding fighting them
cumsock
15:51
im not i just wish normies knew its not the same
Trismegistus
15:51
i need chicago so badly
15:51
for suresies
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