Pre-issue publicity restrictions: public communications must be factual, consistent, and disclose filing status until allotment of securities. Amendments require that from board approval until filing a draft offer document, public communications be consistent with past practices or prominently disclose a proposed issue; from filing until allotment such communications must state filing status and availability of offer documents online, contain only factual information, exclude extraneous material and avoid projections; issuers must promptly disclose material developments that may affect the company by public notice in the newspapers used for pre-issue advertising.
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.
Pre-issue publicity restrictions: public communications must be factual, consistent, and disclose filing status until allotment of securities.
Amendments require that from board approval until filing a draft offer document, public communications be consistent with past practices or prominently disclose a proposed issue; from filing until allotment such communications must state filing status and availability of offer documents online, contain only factual information, exclude extraneous material and avoid projections; issuers must promptly disclose material developments that may affect the company by public notice in the newspapers used for pre-issue advertising.
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