shelf registration

(redirected from Shelf Offerings)

Shelf registration

A procedure that allows firms to file one registration statement covering several issues of the same security. SEC Rule 415, adopted in the 1980s, allows a corporation to comply with registration requirements up to two years prior to a public offering of securities. With the registration "on the shelf," the corporation, by simply updating regularly filed annual, quarterly, and related reports to the SEC, can go to the market as conditions become favorable with a minimum of administrative preparation and expense.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Shelf Registration

A method the SEC uses to allow a publicly-traded company to register several new issues of stock and actually offer them at any time over a two-year period, subject to compliance with other appropriate regulations. These offerings are covered by a single prospectus, but may be offered to the public in different tranches. See also: Rule 415.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

shelf registration

A simplified method of registering securities that permits corporations to file a relatively uncomplicated registration form with the SEC and, during the subsequent two years, issue the securities. Shelf registration is supposed to provide more flexibility for corporations when they are raising funds in the capital markets. Shelf registration is permitted by SEC Rule 415.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Also, the company stated that the funds have filed registration statements for their proposed shelf offerings with the US Securities and Exchange Commission and new shares of each cannot be sold until this is effective.
* Revise the eligibility criteria for using an expedited offering process known as "shelf offerings."
Most public offerings of ABS are conducted through expedited SEC procedures known as 'shelf offerings.' ABS offerings also are sold as private placements which are exempt from SEC registration.
The SEC will consider whether to impose time limits before a sponsor of the ABS can conduct the first sale in a shelf offering. Under current rules, issuers may sell ABS almost immediately, without providing investors a minimum amount of time to review the disclosure in the offering materials.
We therefore anticipate that shelf offerings are sold for higher prices than traditional SEOs.
A scan of Zin shelf offerings is ripe with other witty wonders, ranging from 7 Deadly Zins and Sin Zin to Snake Eyes and The Kilt Lifter.
Therefore, assuming that the benefits of shelf registration are no larger for equity than for debt, I would expect to see fewer equity than debt shelf offerings if in fact certification is important.
Both shelf offerings and debt equity were down in 1996 as compared to the amounts offered in these categories in 1995.