Linking a/an ________ to a placement can address concerns about ownership dilution that may result from a placement alone.
B)dividend reinvestment plan
D)share purchase plan
The drawback of a ________ is that it may take time to organise and complete and may also require the release of a prospectus.
C)share purchase plan
D)dividend reinvestment plan
A company must release a prospectus ________.
B)when the IPO is complete
C)when the offering is seasoned
D)when the lockup period expires
Private placements can be advantageous rather than public issue because ________.
I) private placements are cheaper to market than public issues
II) private placements may still be sold to the general public
III) privately placed securities trade on secondary markets
B)I and III only
C)II and III only
D)I, II and III