Question

In: Finance

The____is a regulatory document filed with the SEC that describes the details of the IPO and...

The____is a regulatory document filed with the SEC that describes the details of the IPO and is meant to help investors make informed decisions.
a. red herring
b. prospectus
c. indenture
d. debenture

Solutions

Expert Solution

Option b Prospectus is correct option. It contains issue price and number of shares,which help investors take informed decision

Option a is incorrect because red herring propspectus is preliminary prospectus which are subject to change and filled with the SEC.
Option c and d is correct option Indenture and debenture are not related to IPO


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