Question

what is prospectus? Is it necessary for every company to file it?


give me answer plz it's urgent

Answer 1

Prospectus is the document or the invitation to the general public to subscribe or purchase the shares of the company..

Only the public company can share the prospectus but there is restriction on the private company to share prospectus..

IT IS NECESSARY IN PUBLIC COMPANY ONLY TO SUBSCRIBE SHARES FROM PUBLIC...

Answer 2

A prospectus is a legal document issued by companies that are offeringsecurities for sale. Mutual funds also provide a prospectus to potential clients, which includes a description of the fund's strategies, the manager's background, the fund's fee structure and a fund's financials statements.