Issue-related advertisements: require pre-issue and price-band disclosures and ban claims of oversubscription during subscription period. Issuers must, after filing the red herring prospectus or prospectus with the Registrar of Companies, publish a pre-issue and price band advertisement in the same newspapers as the public announcement; the advertisement must follow the format and disclosures in Part A of Schedule X. Issuers may publish opening and closing advertisements per Parts B and C. During the subscription period, no advertisement may give the impression the issue is fully subscribed or indicate investors' response.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Issue-related advertisements: require pre-issue and price-band disclosures and ban claims of oversubscription during subscription period.
Issuers must, after filing the red herring prospectus or prospectus with the Registrar of Companies, publish a pre-issue and price band advertisement in the same newspapers as the public announcement; the advertisement must follow the format and disclosures in Part A of Schedule X. Issuers may publish opening and closing advertisements per Parts B and C. During the subscription period, no advertisement may give the impression the issue is fully subscribed or indicate investors' response.
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