"A type of Secondary Offering that is announced right after the market closes. The offering is usually priced and customers must place orders within a few hours. The shares are allocated before the market opens the next day."
What is a Secondary or Follow-On Offering? How do they work?
A Secondary or Follow-on Offering is when an already public company registers additional shares. The shares could be newly issued by the company to raise additional capital or a sale by an existing shareholder, or both. A Marketed Secondary Offering ...
An Offering refers to any public offering, whether IPO or Secondary, in which the offering will be made available in the public markets.
How many IPOs and Secondary Offerings are there every year?
In recent years, there has typically been about 400 - 500+ offerings each year. Not all offerings are available to order.
A block of shares available for purchase usually priced at or below market prices, usually without a registration statement. A block of shares for sale is announced after the market closes, usually at a discount to the closing price. Investors have a ...