A preliminary prospectus not yet approved by the OSC is referred to as a(n) ___________.

Name: A preliminary prospectus not yet approved by the OSC is referred to as a(n) ___________.
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Question

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A red herring is a preliminary prospectus that is circulated to potential investors before final approval from the regulatory authority (in this case, the OSC). It contains most of the information required in a final prospectus, but may still have some information missing or be subject to changes.

A Preliminary Prospectus Not Yet Approved by the OSC Is