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LSDefine

Simple English definitions for legal terms

tombstone

Read a random definition: de medietate linguae

A quick definition of tombstone:

Term: TOMBSTONE

Definition: A tombstone is an advertisement in a newspaper that describes a public securities offering and identifies the sellers. It is called a tombstone because it traditionally has a black border and plain print. It is also known as a tombstone advertisement or tombstone ad. It is different from a prospectus.

A more thorough explanation:

Definition: A tombstone is an advertisement, typically found in a newspaper, that describes a public securities offering and identifies the sellers. The ad is traditionally printed with a black border and plain print, hence the name "tombstone." This type of advertisement is also known as a tombstone advertisement or tombstone ad. It is different from a prospectus, which provides more detailed information about the securities being offered.

Example 1: A company is planning to issue new shares of stock to the public. To promote the offering, the company places a tombstone ad in a financial newspaper. The ad includes basic information about the stock, such as the number of shares being offered and the price per share, as well as the names of the underwriters and other parties involved in the offering.

Example 2: An investment bank is helping a client sell a bond issue. The bank creates a tombstone ad that appears in several newspapers. The ad provides key details about the bond, such as the interest rate, maturity date, and credit rating, as well as the names of the bond issuer and underwriters.

These examples illustrate how tombstone ads are used to promote public securities offerings and provide basic information to potential investors. They are a way for companies and underwriters to generate interest in a new security and attract buyers.

tolt | ton

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General

General chat about the legal profession.
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medicine is a scam
join the ethically ambiguous legal field instead
Dkk
18:57
I want to meet an attorney that defends clients who run into flat earth problems. I want an attorney that knows and believes in flat earth theory.
19:05
i want a flat earther for president. i want a guy who posts on 4chan for president. i want someone who mogs for president.
Dkk
19:18
Exactly. My version of that awful poem.
Dkk
19:19
I can accept a president with maybe one or two of the poems traits hut good God, all of them??? No ty.
windyMagician
19:20
president who respects sex is crazy
windyMagician
19:20
we had bill clinton already
Dkk
19:21
Bill Clinton, first and last black president
windyMagician
19:23
I want to go running but my leg feels weird
windyMagician
19:23
it doesn't hurt its just tingly
Dkk
19:26
It needs more alcohol. You tingle when your nerves need watering.
19:27
try stretching it maybe to see what's up
windyMagician
19:27
stretches make me think it's just soreness
windyMagician
19:27
I'm sober lol
Dkk
19:38
Anyone else get the google notification that your LSD password has been compromised lol. LSD got hacked.
20:48
what.jpg @Dkk
CynicalOops
21:03
You think you just fell out of a coconut tree?
jackfrost11770
21:10
nope dk
CynicalOops
22:37
Calvinamala Harris
jackfrost11770
23:16
should i start using letterboxed again
Dkk
23:25
@jackfrost11770: if you want but like it aint for me
dk do u ever eat at bk
Dkk
23:48
@chickenburgahfart: I would do that in the Army if really desperate for food or if I had to work through lunch. One of the few fast food places I go to.
bk so slept on
Dkk
0:23
I will take In N Out everyday over it when I can though.
texaslawhopefully
1:22
In N Out is not only the best fast food place, but the prices too are fantastic
Dkk
1:27
Indeed, indeed.
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