In an initial public offering, a legal document that details a company's financial position, operations and investment plans is call a(n) ___________.

Question

Quizplus · Accepted Answer

A prospectus is a legal document that companies provide to potential investors when they are going public with an IPO. It contains all of the relevant information about the company's financial position, operations, and investment plans, as required by the Securities and Exchange Commission (SEC).

In an Initial Public Offering, a Legal Document That Details