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Maximizing Profits: The Power of Shelf Offerings for Equity Issuers
Manage episode 359067693 series 2956461
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A shelf offering is a Securities and Exchange Commission provision that allows an equity issuer to register a new issue of securities without having to sell the entire issue at once.
The issuer can instead sell portions of the issue over a three-year period without re-registering the security or incurring penalties.
A shelf offering is also known as a shelf registration; it is formally known as SEC Rule 415.1
A shelf offering allows a company to register a new issue with e SEC but allows for a three-year period to sell the offering instead of all at once.
This lets a company adjust the timing of the sales of a new issue to take advantage of more favourable market conditions should they arise in the future.
The company maintains any unissued shares as treasury stock, where they remain "on the shelf" until offered for public sale.
Become a supporter of this podcast: https://www.spreaker.com/podcast/investment-terms--4432332/support.
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The issuer can instead sell portions of the issue over a three-year period without re-registering the security or incurring penalties.
A shelf offering is also known as a shelf registration; it is formally known as SEC Rule 415.1
A shelf offering allows a company to register a new issue with e SEC but allows for a three-year period to sell the offering instead of all at once.
This lets a company adjust the timing of the sales of a new issue to take advantage of more favourable market conditions should they arise in the future.
The company maintains any unissued shares as treasury stock, where they remain "on the shelf" until offered for public sale.
Become a supporter of this podcast: https://www.spreaker.com/podcast/investment-terms--4432332/support.
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