If you are reading an IPO prospectus, in which form must it be?

Question

Quizplus · Accepted Answer

An IPO prospectus must be in long-form due to the greater risk involved in the offering. The long-form prospectus provides detailed information about the company and its financials, which is necessary to help investors make an informed decision about whether to invest in the company. A short-form prospectus may be used for a secondary offering or a prospectus supplement, but not for an IPO. A prospectus is required for an IPO.

If You Are Reading an IPO Prospectus, in Which Form