During the SEC waiting period the potential issuing company can issue a preliminary prospectus which contains:
A) exactly the same information as the final prospectus except an indication of SEC approval.
B) all the information as the final prospectus including red writing stating it is a red herring.
C) very limited financial information and red writing stating it is preliminary.
D) only a description of what the funds are to be used for.
E) information very similar to the final prospectus without a price nor with SEC approval.
Correct Answer:
Verified
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A)
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