Offering of registered securities covered by a prospectus whose distribution is not underwritten on a firm commitment basis. The shares may be sold in one block or in small amounts from time to time in agency or principal transactions. See: Rule 415.
Similar Matches
Blank check offering
Blank check offering An initial public offering
by a company whose business activities are undefined and therefore peculative.
Dual syndicate equity offering An international equity placement that
splits the offering is split into two branches
- domestic and foreign - and each grantee is handled by a separate lead manager.