In private placement shares are issued to public through prospectus. (State True or False)
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Answered by
0
False
I hope my answer help to u and right
I hope my answer help to u and right
Answered by
1
Answer:
False
Explanation:
In private placement shares are issued to public through prospectus - False
A private placement by providing equity shares is a popular technique of raising company assets. Either private firms wishing to obtain a few select investors or publicly traded firms as a secondary inventory offering can make private placements.
A private placement has minimum legislative demands and norms it must comply with. The investment does not involve a prospectus and the comprehensive economic data is not revealed quite frequently.
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