23 October 2009
A red herring prospectus is a document submitted by a company (issuer) who intends on having a public offering of securities (either stocks or bonds). Most frequently associated with an Initial Public Offering (IPO), this registration statement must be filed with the Securities and Exchange Commission(SEC).
"Red-herring prospectus" Means a prospectus, which does not have complete particulars on the price of the securities offered and quantum of securities offered.
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