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Preliminary Prospectus
(redirected from Red herring prospectus)

   Also found in: Dictionary/thesaurus, Acronyms, Wikipedia 0.01 sec.
Preliminary prospectus
An initial or tentative version of a prospectus.

Preliminary Prospectus
The first prospectus distributed prior to a new issue of a security. The first prospectus contains information such as the terms of issue, the size of issue, and other, relevant data about the security. Importantly, however, it does not contain the new issue's price. Because the preliminary prospectus is subject to change and because the SEC requires part of it to be printed to red ink, it is informally called a red herring.

preliminary prospectus


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Aside from the expected delivery of more units by the end of the year, Emaar said its joint venture in India, Emaar MGF Land Limited, has filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India to enter the capital market with an initial public offering of Dh2.
In other growth initiatives, the company's joint venture in India, Emaar MGF Land Limited has filed its Draft Red Herring Prospectus with the Securities and Exchange Board of India to enter the capital market with an initial public offering of Dh2.
Disclaimer: MCX is planning, subject to receipt of requisite approvals, market conditions and other considerations, a public issue of its equity shares and to file a Draft Red Herring Prospectus with SEBI.
 
 
 
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