A well-known seasoned issuer cannot file a registration statement until after it announces a new offering.

Question

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A well-known seasoned issuer (WKSI) can file a registration statement at any time, without the need to announce a new offering. They have the ability to use automatic shelf registration statement filings, which allow them to offer and sell securities from time to time, without the need for additional SEC filings or approvals.

A Well-Known Seasoned Issuer Cannot File a Registration Statement Until