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Actually, this is because the underwriters are still pricing the deal by assessing potential market interest. Companies have always been able to amend their reg
by matthewmcg 13y ago
Actually, this is because the underwriters are still pricing the deal by assessing potential market interest. Companies have always been able to amend their registration statements to fill in pricing details. See http://en.wikipedia.org/wiki/Red_herring_prospectus http://en.wikipedia.org/wiki/Red_herring_prospectus
- akanet 13y agoAh, noted, thank you. I hear the whispers among institutional investors is 11bn