What is a final prospectus?
The final prospectus is a legal document describing securities being offered for sale to the public which is filed with the applicable provincial securities regulators and which supercedes the preliminary prospectus. It details all material information about the corporation and the security being issued, including the final price, underwriters’ fees and issue size. The final prospectus must be made available to all clients who purchased shares of the new issue. For fixed income new issues, many issues are exempt from this regulation.
Related Questions
- Do issuers need to publish a final prospectus by the subscription date, or can borrowers subscribe for a loan based on the "red" prospectus, and deliver the final prospectus at a later date?
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- How can I get a copy of salesforce.coms final prospectus?