Secondary Offering Law and Legal Definition
Secondary offering refers to the issuance of new stock for public sale from a company that has already made its initial public offering. Such offerings are usually made by major stockholders of mature companies who may be control persons or institutions who originally acquired the securities in a private placement. It can also be made by companies wishing to refinance, or raise capital for growth. Secondary offerings are usually done through investment bankers.
Secondary offering also refers to an offering of previously issued securities by persons other than the issuer.
Legal Definition list
Related Legal Terms
- Adult Secondary Education [Education]
- All or None Offering
- Comprehensive Transition and Postsecondary Program for Students with Intellectual Disabilities [Education]
- Comprehensive Transition and Postsecondary Program [Education]
- De Facto Secondary Meaning
- Direct Public Offerings
- Elementary and Secondary Education Act of 1965
- Initial Offering Date
- Initial Public Offering