An invitation to members of the public to subscribe for shares or securities in a company is known as:

Question

Quizplus · Accepted Answer

A prospectus is a legal document that provides information about the company and the securities being offered. It contains details such as the company's financial statements, business operations and risks, and terms of the investment. The purpose of a prospectus is to inform potential investors about the investment opportunity, so they can make an informed decision about whether or not to subscribe for shares or securities in the company.

An Invitation to Members of the Public to Subscribe for Shares