Registered secondary offering

Registered secondary offering

A reoffering of a large block of securities, previously publicly issued, by the holder of a large portion of some corporation through an investment firm.

Registered Secondary Offering

An offering of a large block of previously issued stock that is not usually traded after registering the offering with the SEC. For example, a mutual fund that owns a large portion of an issue of stock may decide to sell it. Most of the time, the seller of a registered secondary offering is an institutional investor who acquired the stock through private placement. It is also called a registered secondary distribution. See also: Overnight deal.
References in periodicals archive ?
LLC as underwriter in connection with a registered secondary offering by certain selling stockholders of 8,654,050 shares of Class A common stock of Hyatt Hotels Corporation (NYSE: H), resulting in $498.
BH) closed its registered secondary offering of 10,989,163 of its voting ordinary shares (common shares) at USD31.
BH) has priced a registered secondary offering by certain selling shareholders of 9,555,794 of Butterfield's voting ordinary shares at a price to the public of USD 31.
International Resource News-September 22, 2011--The Mosaic Company plans registered secondary offering of common stock(C)1994-2011 ENPublishing - http://www.
Mikkelson and Partch |5~ document the median underwriting costs of a registered secondary offering as 4.
2 million units in a fully registered secondary offering, with each unit consisting of one share of common stock and one five-year warrant to purchase an additional share of common stock at an exercise price of $6.
and Merrill Lynch, Pierce, Fenner & Smith Incorporated as underwriters in connection with a registered secondary offering by certain selling stockholders of 4,000,000 shares of Class A common stock of Hyatt Hotels Corporation, resulting in $230.
Concurrently, the remaining 9 million share stake of KCS' common stock previously owned by TMM was sold in a registered secondary offering at a price to the public of $23.
WCI Communities Inc (NYSE:WCIC), a community developer and luxury home builder, priced a registered secondary offering of 3,250,000 shares of its common stock at USD22.
The offering will be made through a registered secondary offering pursuant to a prospectus.
NXP Semiconductors NV (Nasdaq:NXPI) announced on Tuesday that certain of its principal stockholders, including affiliates of funds managed or advised by Kohlberg Kravis Roberts & Co LP and Bain Capital Partners LLC, have commenced a registered secondary offering of 17,376,611 shares of common stock.
Luxoft Holding Inc (NYSE:LXFT), a provider of software development services and IT solutions, announced on Tuesday that it is proposing a registered secondary offering of its class A ordinary shares in the US.

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