Definitions for "preliminary prospectus"
The initial document published by an underwriter of a new issue of stock to...
A PROSPECTUS that is filed with the SECURITIES AND EXCHANGE COMMISSION (SEC), usually with the REGISTRATION STATEMENT,and that is distributed to investors, and that does not contain the offering price of the SECURITY. It includes a "prospectus subject to completion" as used in 17 CFR 230.434(a). A PRELIMINARY PROSPECTUS is also known as a RED HERRING.
The first document released by the underwriter of a new issue to prospective purchasers during the cooling-off period. The preliminary prospectus includes information about the offering and about the company, but does not contain all the information that will be included in the final prospectus. The preliminary prospectus is also known as the "red herring."