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Simple English definitions for legal terms

tombstone

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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.

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WorthlessAttractiveZombie
9:35
it sent a million times lol
WHAT HAPPENED
yeah i thought you were tweaking for a second
i'm so sorry everyone what the actual fuck this website hates me
WorthlessAttractiveZombie
9:35
Jack's just tweaking on LSD no biggie
to be fair this accurately represents my mental state
election day psychosis coming in hot (fordham)
usc pls pull through .....
i literally just need one A so i can relax before my ED decision
WorthlessAttractiveZombie
9:38
oh that's right USC might release
soapy
9:43
USC still has not looked at my app
WorthlessAttractiveZombie
9:43
when did you submit soapy?
soapy
9:44
10/16
WorthlessAttractiveZombie
9:44
to be fair it took them almost 2 months for me to go under review
soapy
9:44
Feelin a bit stressed, as I've got no date change for Michigan either despite applying 10/7
WorthlessAttractiveZombie
9:45
I have not had a date change either for Mich but I've seen people get in without one so who knows
I applied 9/25 to like 6 schools and some (Houston) have no date change yet so dw
soapy
9:46
But do people get in without addresses going long?
WorthlessAttractiveZombie
9:46
it's tough to tell because a lot of people type out their addresses long to begin with
soapy
9:46
Ah. I didn't. Looking back, my Mich supplement kind of sucks, so there's that
Mich overrated (Dean Z please let me in even tho i didnt apply and I am below both 25ths)
ClassyPleasantHeron
10:01
The "date changes" at Michigan really don't mean anything. We had to do them in undergrad admissions whenever a Georgia applicant picked the country instead of the state, because we'd have to remove the TOEFL requirement and reassign the application from the international application readers.
soapy
10:06
Classy, does that mean they may look at your application, and that look doesn't necessarily trigger any date change?
1a2b3c4d26z
10:06
Man
1a2b3c4d26z
10:07
Walkin to the bus
1a2b3c4d26z
10:07
What a good day to get into law school
ClassyPleasantHeron
10:11
@soapy: I don't know for sure about the law school. For undergrad, once the application is complete, it's assigned to a reader the following Monday. If we had to make any changes, it's because a reader saw something that needed to be changed and the application needed to be re-read after that change.
soapy
10:12
Ahh, got it. Thank you for the insight!
ClassyPleasantHeron
10:14
You're welcome. FWIW, I have no idea what's up with the address changes. We didn't have to do any of that, except for the Georgia state vs country kinds of things.
soapy
10:15
I've heard it theorized that some schools will change the address from "St." --> "Street" as they prepare to send out admissions packets. That's the rumor, anyways.
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