pink herring

pink herring
A preliminary prospectus. A document, similar to a red herring, which contains most, if not all, of the company information that will be contained in the final prospectus, but it does not include the price range and number of securities to be issued. Mainly used in the US, its purpose is to commence marketing of an offer of securities.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

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