Question

When does the prospectus delivery requirement continue for an IPO that will be listed?

A) It is not required for listed IPOs
B) Until the IPO is fully subscribed
C) Until the end of the fiscal year
D) Until the expiration of the cooling-off period

Answer 1

The prospectus delivery requirement for an IPO that will be listed continues until the expiration of the cooling-off period.

Step-by-step explanation:

The correct answer is D) Until the expiration of the cooling-off period. The cooling-off period is a regulatory period of time during which the Securities and Exchange Commission (SEC) reviews the IPO prospectus. The prospectus delivery requirement continues until the expiration of this cooling-off period, which typically lasts 20 days. During this time, the prospectus must be provided to potential investors.