secondary distribution

(redirected from Subsequent Offerings)

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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

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.
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 ?
MegumaGold has been granted the right to participate in subsequent offerings of Osprey on a pro-rata basis in proportion to MegumaGold's percentage interest (calculated on a non-diluted basis) immediately prior to the subsequent offerings for a term of 24 months (the 'Participation Right').
- An analysis of the investments made, including seed financing, venture capital financing, debt financing, grants, capital raised from IPOs and subsequent offerings, at various stages of development in companies that are focused on developing neoantigen targeted therapies.
ALI separately launched the two subsequent offerings to test the market for shelf registration.
This offering led to subsequent offerings across the sector and was followed by credit spread compression across the REIT credit markets.
The company used all of the proceeds from its initial public offering and concurrent private placement and the proceeds from its subsequent offerings to acquire common membership units from New Mountain Finance Holdings.
His subsequent offerings "Sunset Boulevard," "Whistle Down the Wind," "The Beautiful Game," "The Woman in White" and (so far) "Love Never Dies" have failed to make it into the black.
Fortunately, and not just for my nerves, the prawn was the only "live" dish of the meal, but none of the subsequent offerings was any less thrilling.
"We believe the increased investor interest in this fund and our subsequent offerings is an indicator of the economic recover."
Teoh, Welch, and Wong (1998a) find that firms with subsequent offerings outperform those without.
His subsequent offerings Free As Air and Follow That Girl, were not as successful, though Trelawny starred Hayley Mills, Ian Richardson and Timothy West.
I don't mean to get glib and spew adjectives." With subsequent offerings on the Magic's slate including the world premiere of Edna O'Brien's Triptych, the American premiere of David Mamet's Faustus and a spring minifestival of three brand-new plays running in rep, the artistic director remarks, "I feel like I'm in a tinderbox of dry wood, and I've got a match."