Which one of the following statements is correct?
A) The quiet period commences when a registration statement is filed with the SEC and ends on the day the IPO shares commence trading.
B) Lockup agreements outline how oversubscribed IPO shares will be allocated.
C) Additional IPO shares can be issued in accordance with the lockup agreement.
D) Quiet period restrictions only apply to the issuer of new securities.
E) A public interview with an issuer's CFO could cause a forced delay in the issuer's IPO.

Question

Quizplus · Accepted Answer

A public interview with an issuer's CFO during the quiet period could be seen as an attempt to hype the stock, potentially violating SEC rules and causing a delay in the IPO.

Which One of the Following Statements Is Correct