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Phase 1: Registration

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Phase 1: Registration

IPO/Shmipieau: An IPO In Three Slices

An IPO, legally, is divided into 3 component parts: Registration, Cooling, Sales.

IPO Registration

The securities you are selling (those in BUBB) must be registered. Ooh. Scary Big Brother-y word. What does "registered" mean? Well, the '33 Act just outlines the picayune elements that must be disclosed and provides criminal penalties for the courts to toss you in jail if you commit fraud. The registration statement is the document that is filed and...

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Next: Phase 2: Cooling  
  Prev: The IPO Process

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