Ipglossary.com is a practical glossary for managers, executives and technologists as well as lawyers working in IP in an international environment. The glossary provides practical explanations of key legal and business terms in a large number of technology related fields including intellectual property, licensing, venture capital, corporate and securities law, antitrust and competition law, and of course terms relevant to technology, in general. Read more
A formal written offer to sell securities to investors, which sets out relevant facts that the investor should have in order to make an informed purchasing decision. Under United States Securities Law such a prospectus must be approved by the SEC and must be accurate. If not the promoters of the company (i.e., the managers, bankers and lawyers) are subject to serious civil and criminal liability. The only exception to the prospectus requirement is a “private placement” under Regulation D, where shares are only sold to accredited investors. A prospectus is sometimes referred to as an SEC Form S-1.
