Zinc Corporation, a large, well-known public company that frequently issues securities, filed a master registration statement with the Securities and Exchange Commission (SEC). This master statement is updated with a short-form statement just prior to each individual security offering. What is this arrangement called?

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This arrangement is called a shelf registration. It allows issuers like Zinc Corporation to register a large amount of securities for future offerings, which can then be offered with a short-form statement rather than a full registration statement each time. This saves time and money for the company and provides greater flexibility in the timing and size of offerings.

Zinc Corporation, a Large, Well-Known Public Company That Frequently Issues