Issuing Corporate Securities - Tombstone Ads

Tombstone ads are the only form of advertising that is allowed during the cooling off period. A tombstone ad is an announcement and description of the securities to be offered. A tombstone ad lists the names of the underwriters, where a prospectus may be obtained, and a statement that the tombstone ad does not constitute an offer to sell the securities and that the offer may only be made by a prospectus. Tombstone ads are traditionally run to announce the new issue, but they are not required and do not need to be filed with the SEC.



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Freeriding And Withholding / FINRA Rule 5130


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RELATED TERMS
  1. Tombstone

    A written advertisement placed by investment bankers in a public ...
  2. Bulge Bracket

    A slang term used to describe the company or companies that issued ...
  3. Final Prospectus

    1. The final version of a prospectus for a public offering of ...
  4. Prospectus

    A formal legal document, which is required by and filed with ...
  5. Short Form Prospectus Distribution ...

    A system that allows firms making an issue to produce a short ...
  6. SEC Form 424A

    The prospectus form that a company must file if it has made significant ...
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