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Secondary Distribution
(redirected from Secondary Offerings)

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Secondary Distribution
The sale of a security that has already been issued. Generally speaking, it refers to the sale of a security by a private investor (usually a corporation) to a member of the general public. It is also called a secondary offering. See also: Secondary market.

secondary distribution
The sale of a block of existing, not newly issued, securities with the proceeds going to the present holders rather than to the issuing firm. An especially large secondary distribution may put pressure on the security's price until the additional shares or bonds have been assimilated in the market. Also called secondary offering. Compare primary distribution. See also registered secondary distribution, special offering, spot secondary distribution.


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BayStar Capital examined 48 common stock PIPE transactions and 91 common stock secondary offerings using data compiled by Bloomberg, LP and PlacementTracker.
Equity offerings and secondary offerings for US securities: For US securities, increases in number of shares and changes in FIFs and/or Domestic Inclusion Factors (DIFs) resulting from all equity offerings as well as increases in FIFs and/or DIFs resulting from secondary offerings representing at least 5% of the security's number of shares, will be implemented as soon as practicable after the offering is priced.
13 /PRNewswire/ -- The acronym "IPO" is a household term for investors, but the nature of secondary offerings remains obscure.
 
 
 
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