Advertisements in a financial newspaper announcing a public offering of securities, along with a list of the investment banks handling the offering, are called:
A) red herrings.
B) tombstones.
C) Green Shoes.
D) registration statements.
E) cash offers.

Question

Quizplus · Accepted Answer

Advertisements in a financial newspaper announcing a public offering of securities, along with a list of the investment banks handling the offering, are called tombstones. Red herrings are preliminary prospectuses that are subject to change, Green Shoes are an over-allotment option for additional shares, registration statements are formal documents filed with the SEC, and cash offers refer to payment made in cash for the purchase of a security.

Advertisements in a Financial Newspaper Announcing a Public Offering of Securities