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Initial Public Offering Getup @ NaturalResearch.org (Natural Research) (Site not responding. Last check: 2007-08-19) |
 | | Smaller IPOs may also be significantly affected by state blue sky laws; these laws are usually pre-empted by federal law when the stock is to be listed on a major exchange or NASDAQ, but apply fully to certain medium-scale offerings on a local level. |
 | | Any offering during this "quiet period" is called "gun-jumping." After filing, the issuer and underwriters may advertise the IPO through a simple "tombstone" advertisement, listing the name of the company, the amount of stock being offered, the names of the underwriters, and other basic information. |
 | | Once the SEC approves the prospectus, the price of the shares is finalized and the IPO enters a "free riding" period in which shares may be offered for sale in a number of ways, such as telephone calls, "road shows" and institutional visits. |
| www.naturalresearch.org /encyclopedia/Initial_Public_Offering (1016 words) |