An IPO requires the preparation of a prospectus that serves as the marketing brochure for the shares.

Question

Quizplus · Accepted Answer

This is true. An IPO typically requires the preparation of a prospectus that provides detailed information about the company, its financials, and the investment opportunity being offered to potential investors. The prospectus serves as the marketing brochure for the shares and is reviewed by regulatory bodies to ensure accuracy and completeness.

An IPO Requires the Preparation of a Prospectus That Serves