Secondary offering

Secondary Offering. The sale of securities by a selling stockholder rather than by the company.

SECONDARY OFFERING " See: Secondary Distribution.
SECTION 8 PROGRAM " Refers to Section 8 of the U.S. Housing Code which allows for government subsidies of rent for low income individuals. A D.P.P.

Secondary offering
The most common form of secondary offering occurs when an investor, usually a corporation, but sometimes an individual, sells a large block of stock or other securities it has been holding in its portfolio to the public.

secondary offering: Public sale of previously issued securities held by large investors, institutions or affiliated persons.

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.

Secondary Distribution or Secondary Offering The redistribution of a block of stock after it has been initially sold by the issuing company.

See also registered secondary offering , securities and exchange commission rules , exchange distribution (or acquisition)
Dictionary of Business Terms
secondary distribution ...

Secondary Offering An IPO in which privately held shares in a corporation are sold to the public. Secondary market The market in which securities are traded after they are initially offered in the primary market.

Also known as secondary offering. secondary listing Any listing of a security on an exchange other than its primary exchange. Secondary... secondary market A market in which an investor purchases a security from another investor rather...

Lead underwriter The head of a syndicate of financial firms that are sponsoring an initial public offering of securities or a secondary offering of securities. Could also apply to bond issues.

Registered secondary offering
Registered security
Registrar
Registrar The registrar is responsible for keeping track of the owners of bonds and the issuance of
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Secondary Offering
The offering of a large block of shares, often by the institution that sponsored the initial deal, to the general public....(Read more)
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See 'retirement annuity contract (RAC)'....(Read more) ...

A firm whose stock has appreciated rapidly finds it easier to raise additional funds through a secondary offering because higher prices mean a smaller percentage ownership of the firm needs to be offered to raise a given amount of capital.

Also known as secondary offering. The redistribution of a block of stock some time after it has been sold by the issuing company.

Secondary distribution - Also known as secondary offering. The redistribution of a block of stock some time after it has been sold by the issuing company.

The term is also sometimes used in connection with a Registered Secondary Offering which involves essentially the same process as a new issue, except that the proceeds go to the selling investor, not to the issuer.

This financing technique is popular due to the relative efficiency in time and cost of PIPEs, compared to more traditional forms of financing such as secondary offerings.

Besides new securities offerings, investment bankers manage the distribution of secondary offerings, maintain markets for already distributed securities and act as finders for private placements.

A firm commitment by the underwriter of a secondary offering to buy the entire share issue from the issuing company, and then re-sell the shares to investors. Also called firm commitment undertaking.
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A investment bank or other financial outfit that has the primary directive for organizing an initial public stock offering, or a secondary offering for companies that are already publicly traded.

oversaw Dassault Systèmes' successful initial public offering on the Paris and Nasdaq stock exchanges in 1996, as well as a secondary offering in 1997.

The share of securities of each participating investment banker in a new or a secondary offering, or the price at which the securities are distributed to the different members of an underwriting group.
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2: An investment banker who performs as an underwriter in a new issue or as a distributor in a security's secondary offering.
See: Investment Banker; New Issues; Underwriter
3: A mutual fund sponsor.

(1) Procedure for selling blocks of seasoned issues of stocks. (2) More generally, sale of already issued stock.
Secondary Offering
An IPO in which privately held shares in a corporation are sold to the public.
Secondary market ...

Usually the total equity (Book Value) is a subtotal that adds up the value of the original common share dollars invested in the company at the IPO and any secondary offerings including amounts received for warrants and options plus retained earnings.

The head of a syndicate of financial firms that are sponsoring an initial public offering of securities or a secondary offering of securities.
Leading ...

Scholes, Myron (1969). A test of the competitive hypothesis: The market for new issues and secondary offerings, doctoral thesis, University of Chicago.

Initial Public Offering (IPO) - First sale of stock by a company to the public; sometimes called "going public" (See "Public Offering," "Secondary Offering") is referred to as an Initial Public Offering.

Our Corporate Finance and Equity Markets divisions advise businesses on important corporate transactions, including mergers and acquisitions, initial public offerings, secondary offerings, share backs and taking a public company private.

CIBC is consistently a lead or top tier underwriter in the equity and debt capital markets. Our clients benefit from our integrated approach and global capabilities for all of their capital needs, including: IPOs, secondary offerings, ...

In the case of stocks, the securities may be an initial public offering (IPO) or additional issues of a company that has already gone public. In that case, they're called secondary offerings.
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The securities may also be new issues of companies that have already gone public, in which case they're called secondary offerings. All issues must be registered with the Securities and Exchange Commission (SEC).

See also: Expense, Banks, Values, Registration statement, Indenture