Understanding the MOI, Notice of Incorporation, and Prospectus (Grade 11 NSC Matric Business Studies): Flashcards
📚Flashcards
Practise the cards
10 cards from this deck
ShowHide
Practise the cards
10 cards from this deck
MOI analogy
MOI analogy
Company's constitution
MOI's main role
MOI's main role
Most important governing document
Prospectus definition
Prospectus definition
Written invitation to public to buy shares
Prospectus issue time limit after registration
Prospectus issue time limit after registration
3 months
IPO meaning
IPO meaning
Initial Public Offering
Time to sell shares after prospectus issue
Time to sell shares after prospectus issue
60 days
Secondary offering
Secondary offering
Existing shareholders sell their shares
Notice of Incorporation purpose
Notice of Incorporation purpose
Formal announcement to govt & public with company info
Minimum subscription
Minimum subscription
Min. share sales to cover startup & running costs
Underwriters in IPO
Underwriters in IPO
Investment banking firms helping with IPO