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    <description>Issuers must publish a pre-issue and price band advertisement after filing the prospectus with the Registrar of Companies in the same newspapers as the initial public announcement, using the format and disclosures in Part A of Schedule X; issue opening and closing advertisements may follow Parts B and C. No advertisement while the issue is open may suggest full subscription or indicate investor response. An issue closure announcement is permitted only after the lead manager(s) verifies that the subscription threshold is met and obtains a registrar&#039;s certificate, and must not precede the scheduled closing date except as allowed by the prescribed closing advertisement format.</description>
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