Public offer and private placement: prescribed issuance routes and compliance requirements for corporate securities. Public companies may issue securities by a public offer with a prospectus under Part I, by private placement under Part II, or by rights or bonus issues subject to the Act and, for listed or intending-to-be-listed companies, additional securities regulator rules; public offer includes initial and further offers and offers for sale by existing shareholders. Private companies may issue securities only by private placement under Part II.
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Provisions expressly mentioned in the judgment/order text.
Public offer and private placement: prescribed issuance routes and compliance requirements for corporate securities.
Public companies may issue securities by a public offer with a prospectus under Part I, by private placement under Part II, or by rights or bonus issues subject to the Act and, for listed or intending-to-be-listed companies, additional securities regulator rules; public offer includes initial and further offers and offers for sale by existing shareholders. Private companies may issue securities only by private placement under Part II.
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