piggyback registration

Piggyback registration

When a securities underwriter allows existing holdings of shares in a corporation to be sold in combination with an offering of new public shares.

Piggy Back Registration

The registration of a security in which an underwriter allows a new issue to be offered along with previously issued shares. A piggyback registration must occur with the permission of the relevant underwriter and be noted in the new issue's prospectus. Piggyback registration should not be confused with piggybacking, which is a different concept altogether.

piggyback registration

The registration of a new issue and already outstanding stock of the same issuer for a single public offering. Thus, a single registration suffices for the primary and secondary offering.
References in periodicals archive ?
National Grid and New Jersey Resources have agreed to certain transfer restrictions applicable to such units including, with certain exceptions, a general one-year lockup period, and have been granted certain registration rights and piggyback registration rights with respect to future Dominion Midstream equity offerings.
A sampling of terms defined includes: active premium, aggregation, angel financing, asset allocation, backwardation, benchmark, bridge loan, capital structure arbitrage, coefficient of determination, commodity option, convertible arbitrage, deferred futures, discretionary trading, distressed debt, enumerated agricultural commodities, extrinsic value, follow-on funding, hedge ratio, interdelivery spread, long short equity, modified value-at-risk, offshore fund, piggyback registration, social entrepreneurship, systematic trading, tracking error, underlying futures contract, venture capital method, and weather premium.
Continental entered an agreement granting to Macquarie piggyback registration rights in the event of a Continental initiated registration of any restricted securities and demand registration rights at any time after the second anniversary of the placement .
In connection with the Private Placement, the Company's two largest shareholders, the KFLP and Intrexon each waived their piggyback registration rights in connection with any registration statement filed pursuant to the Registration Rights Agreement with the investors in the Private Placement.
National Grid and New Jersey Resources have agreed to certain transfer restrictions applicable to such units including, with certain exceptions, a general one-year lockup period, and would be granted certain registration rights and piggyback registration rights with respect to future Dominion Midstream equity offerings.
In addition, the shares to be issued as partial consideration in the transaction will be unregistered, will carry piggyback registration rights and are subject to a six month lock up period.
Filing of the Shelf Registration Statement is in part response to the demand and piggyback registration requests received by OpenText pursuant to the registration rights agreement entered into in connection with the acquisition of GXS Group, Inc.
has informed the Company that it will not exercise its piggyback registration rights in connection with the offering.
The Company granted Toucan Partners piggyback registration rights for any shares of the Company's common stock issued under the Note.
As part of the terms of the financing, the company has granted the investors certain demand and piggyback registration rights with regard to the shares of common stock issuable upon conversion of the notes.
LSG also granted the former shareholders of LPBV certain piggyback registration rights and assumed expenses of approximately $1.
The Purchase Agreement also contains representations, warranties and indemnifications by the company and the Investor, as well as piggyback registration rights for the common stock underlying this private placement transaction.