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Finance Dictionary and Glossary of Investment Terms
e period of time between the filing of a preliminary prospectus with the Securities and Exchange Commission and the actual public offering of the securities.
The period after a company's prospectus has been filed with the SEC and before the IPO, during which the company's relations with investors are greatly restricted. Usually lasts 20 days. also called waiting period.
The period after a company's prospectus has been filed with the Securities and Exchange Commission and before offering is made to the public.