Created by: kirb
Number of Blossarys: 2
Private placements conducted under SEC Rule 506. Rule 506 offerings can be sold to an unlimited number of accredited investors and are unlimited in dollar amount.
A rule of the Securities and Exchange Commission that specifies the conditions under which the holder of shares acquired in a private transaction may sell those shares in the public markets.
The purchase of relatively smaller companies in a sector by a rapidly growing company in the same sector. The strategy is to create economies of scale. For example, the movie theater industry ...
Presentations made in several cities to potential investors and other interested parties. For example, a company will often make a road show to generate interest among institutional investors prior ...
A contractual right to participate in a transaction. For example, a venture capitalist may participate in a first round of investment in a startup and request a right of first refusal in any ...
A clause in venture capital investment agreements that allows the VC fund to sell shares at the same time that the founders of a startup chose to sell.
A financial statement prepared by a CPA that involves a lower level of testing than an audited statement but more testing than a compilation statement. The CPA must be of the opinion that no material ...