Warning

Info

Warning

Info

Warning

Info

LSDefine

Simple English definitions for legal terms

red-herring prospectus

Read a random definition: alter ego

A quick definition of red-herring prospectus:

A prospectus is a document that tells people about a company and its business. It is given to people who might want to buy stock in the company. The Securities and Exchange Commission (SEC) requires companies to provide a prospectus before selling stock. A red-herring prospectus is a preliminary prospectus that has not been approved by the SEC yet. It has a notice in red letters that says the information is not complete or final. This type of prospectus cannot be used to sell securities until it is approved by the SEC.

A more thorough explanation:

A red-herring prospectus is a type of preliminary prospectus that a company files with the Securities and Exchange Commission (SEC) before offering its securities for sale. It is called a "red herring" because it contains a disclaimer in red ink stating that the information in the document is not complete or final.

The red-herring prospectus is used to gauge investor interest in the securities offering and to provide potential investors with information about the company and the securities being offered. It is also used to comply with SEC regulations that require companies to provide a prospectus before offering to sell stock in the corporation.

For example, if a company wants to go public and offer its shares for sale to the public, it must file a registration statement with the SEC. As part of the registration process, the company must also file a red-herring prospectus that contains information about the company, its business, and the securities being offered.

The red-herring prospectus is not a final prospectus and does not contain the final offering price or the number of shares being offered. Once the SEC approves the registration statement, the company can then file a final prospectus that contains all the necessary information about the securities offering.

redemptio operis | redhibere

Warning

Info

General

General chat about the legal profession.
main_chatroom
👍 Chat vibe: 0 👎
Help us make LSD better!
Tell us what's important to you
18:14
omg me too
BulbasaurNoLikeCardio
18:15
@EvolBunny: I am fine with them making their cut and all that but I bought it with an adjustable gas block, new LVPO and foregrip so I just have a bunch of parts and ammo with no way to shoot it
@BulbasaurNoLikeCardio: i mean getting paid for their incompetence is based
18:15
they think you are going to attack dj trump
BulbasaurNoLikeCardio
18:18
@BulbasaurNoLikeCardio: they blaimed it on their IT team for not updating it as out of stock when I paid but like buying something in stock in September then being told I won't get it until mid January is pretty wild. I do not hunt anymore but their mistake would of caused me to miss the entire season. If it wasn't so hard to get left handed ARs I would of gone elsewhere
oh that's kind of worth more than $140
that's at least $300
18:19
@BulbasaurNoLikeCardio: what you gonna do when january hits and they are like "it still isnt here come back in april"
BulbasaurNoLikeCardio
18:20
Its a $600 part, they already covering shipping and paying the tax so $140 is an additional 25% off.
BulbasaurNoLikeCardio
18:20
If it doesn't come January I am going to just say fuck it and toss everything on the right handed upper and just eat gas.
18:21
You should have said to refund you or give 300 off
18:21
wasp is wasp
18:21
knows how be rich and demand shit lmfao
i am atheist not protestant
18:22
same thing tho ya? - catholic
BulbasaurNoLikeCardio
18:23
Ill just keep arguing for more money off until I get it or they end up paying me to take it lmao
18:24
what other guns ya got
are we losing hope for gtown lol
yeah i dont think gtown does A's this late unfortunately
18:25
it is like 630 on a friday there bud
18:25
think it is safe to say it aint happenin today\
damn it was a slow day today
BulbasaurNoLikeCardio
18:26
I got a custom built Leftie ar15 I run suppressed, a regular ar15, a .270 axis savage bolt gun, xd9, xd40 and have my AR10 I run suppressed.
BulbasaurNoLikeCardio
18:26
I do not think we will see a wave until after thanksgiving. Adcoms will be nice and not ruin someones thanksgiving with an R
18:28
ruin my thanksgiving law schools uwu
PerpetualCheerfulBeaver
18:53
I really thought a texas schools wave was going to hit today...guess it will be December 1
7Rings
19:00
No news is good news 😜
PerpetualCheerfulBeaver
19:10
the mentality im embracing
ClassyPleasantHeron
19:23
You will see some A waves next week, just before Thanksgiving. Schools like to give people things to talk about over the holidays.
19:26
my predict monday berk from earlier td
LSD+ is ad-free, with DMs, discounts, case briefs & more.