Question
When is a new issue usually priced?
Multiple choice question.
Before the 20-day waiting period
In the initial prospectus sent to potential investors
In the approval stage by the board of directors
On the effective date of the registration statement
Multiple choice question.
Before the 20-day waiting period
In the initial prospectus sent to potential investors
In the approval stage by the board of directors
On the effective date of the registration statement
Answers
GPT-4o mini
The correct answer is:
**On the effective date of the registration statement.**
This is typically when a new issue is priced, as the company can gauge market conditions and investor interest before finalizing the offering price.
**On the effective date of the registration statement.**
This is typically when a new issue is priced, as the company can gauge market conditions and investor interest before finalizing the offering price.