- secondary offering
USAA public resale offering by stockholders or other securityholders of the company. In a secondary offering, the company does not receive any proceeds. A secondary offering can be completed by the securityholders filing their own registration statement with the SEC or the securities can be included in the registration statement filed for a company's IPO or any other primary offering.
Practical Law Dictionary. Glossary of UK, US and international legal terms. www.practicallaw.com. 2010.
Look at other dictionaries:
Secondary Offering — 1. The issuance of new stock for public sale from a company that has already made its initial public offering (IPO). Usually, these kinds of public offerings are made by companies wishing to refinance, or raise capital for growth. Money raised… … Investment dictionary
secondary offering — An IPO in which privately held shares in a corporation are sold to the public. Bloomberg Financial Dictionary A registered offering of a large block of a security that has been previously issued to the public. The blocks being offered may have… … Financial and business terms
secondary offering — noun see secondary III * * * Stock Exchange. the sale of a large block of outstanding stock off the floor of an exchange, usually by a major stockholder. * * * secondary offering, the act of putting up for sale a large block of stock that has… … Useful english dictionary
secondary offering — Stock Exchange. the sale of a large block of outstanding stock off the floor of an exchange, usually by a major stockholder. * * * … Universalium
registered secondary offering — A reoffering of a large block of securities, previously publicly issued, by the holder of a large portion of some corporation through an investment firm. Bloomberg Financial Dictionary … Financial and business terms
offering — of‧fer‧ing [ˈɒfrɪŋ ǁ ˈɒː , ˈɑː ] noun [countable usually singular] 1. a product or service sold by a company, or a number of these considered as a group: • Like most new high tech products when they first hit the market, itslatest offering (=… … Financial and business terms
secondary — deleted sense 3 so little evidence old fashioned? sec‧ond‧a‧ry [ˈsekəndri ǁ deri] adjective 1. secondary shares/bonds etc FINANCE shares, stocks etc in companies that are not considered to be the biggest or most important; = SECOND TIER: • The… … Financial and business terms
Secondary Market Offering — A follow on offering (often called secondary public offering just secondary offering ) is an issuance of stock subsequent to the company s initial public offering. A follow on offering can be either of two types (or a mixture of both): dilutive… … Wikipedia
secondary — In English practice, an officer of the courts of king s bench and common pleas; so called because he was second or next to the chief officer. In the king s bench he was called Master of the King s Bench Office, and was a deputy of the… … Black's law dictionary
offering — An issue of securities offered for sale to the public or private group. Securities offerings are generally of two types: primary (proceeds going to the company for some lawful purpose) and secondary (where the funds go to a person other than the… … Black's law dictionary