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Big boy letter

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A big boy letter is a pre-sale agreement in connection with a private sale of publicly traded securities (such as in a PIPE transaction) not to sue over non-disclosure of material inside information that is not disclosed, ...

 


BIG BOY LETTER - See: INVESTOR LETTER.
BLUE-SKY LAWS - A colloquial term for state securities laws, derived from a statement that such laws were directed at unethical promoters who "would sell building lots in the blue sky.

See also: Securities, Market, Held, Buyer, Issuer

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