Special Offering Law and Legal Definition

Special Offering refers to an offering of a large block of stock that, because of its size and the market in the particular issue, is specially handled on the floor of the stock exchange. The seller initiating the special offering absorbs all the costs associated with the offering and usually sells the securities at current market value. This type of offering benefits the buyer because the securities are sold at a fixed price and any fees outside the cost of the securities are absorbed by the seller.