An IPO, legally, is divided into three component parts: Registration, Cooling, and 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...
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