Ask Question
BusinessBusiness
30 April, 10:18

Pearson Electric recently registered 180,000 shares of stock under SEC Rule 415. The company plans to sell 100,000 shares this year and the remaining 80,000 shares next year. What type of registration was this

+5
Answers (1)
  1. 30 April, 10:42
    0
    Shelf registration

    Explanation:

    Under the Securities and Exchange Commission (SEC) - Rule 415, shelf registration is a procedure for publicly traded companies to register stocks without having to sell them inmediately. With this method, companies have a 2 year period to issue the stocks, and can look for the most favorable time and conditions within that time window to put them in the market.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Pearson Electric recently registered 180,000 shares of stock under SEC Rule 415. The company plans to sell 100,000 shares this year and the ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Yasmin expects to produce 2 comma 000 units in January and 2 comma 180 units in February. The company budgets 5 pounds per unit of direct materials at a cost of $ 50 per pound.
Answers (1)
Roger Company's Year 1 Balance Sheet has $150,000 in total assets and $100,000 in total liabilities. During the year, it paid off its $15,000 accounts payable using cash, and its accounts receivable increased by $4,000.
Answers (1)
Which process is used to select more than half of federal civilian workers?
Answers (1)
Blistre Company operates on a contribution margin of 30 % and currently has fixed costs of $ 510 comma 000. Next year, sales are projected to be $ 3 comma 100 comma 000.
Answers (1)
Damita company reported net income of $48,025 and net sales of $425,000 for the current year. calculate the company's profit margin.
Answers (1)
New Questions in Business
George and Weezy received $30,200 of Social Security benefits this year ($12,000 for George; $18,200 for Weezy). They also received $5,000 of interest from jointly owned City of Ranburne Bonds and dividend income.
Answers (1)
Which of the following is true regarding the high-tech industry today? a. It generally depends on a pool of low-skilled labor. b. It has led to the increased economic development of previously rural areas. c.
Answers (1)
Presented below are three receivables transactions. Indicate whether these receivables are reported as accounts receivable, notes receivable, or other receivables on a balance sheet. -Sold merchandise on account for $64,000 to a customer.
Answers (1)
Barans Realty Co. pays weekly salaries of $18,000 on Monday for a six-day workweek ending the preceding Saturday. Journalize the necessary adjusting entry at the end of the accounting period, assuming that the period ends on Friday.
Answers (1)
Montana Company was authorized to issue 200,000 shares of common stock. The company had issued 50,000 shares of stock when it purchased 10,000 shares of treasury stock.
Answers (1)
Home » Business » Pearson Electric recently registered 180,000 shares of stock under SEC Rule 415. The company plans to sell 100,000 shares this year and the remaining 80,000 shares next year. What type of registration was this
Sign Up Forgot Password?