Which of the Following Statements Is NOT True of PIPE

question 5

Multiple Choice

Which of the following statements is NOT true of PIPE transactions?

• A) PIPE transactions are registered with the SEC.
• B) PIPE transaction gives issuers faster access to capital.
• C) In a PIPE transaction, investors purchase securities (equity or debt) directly from a publicly traded company in a private placement.
• D) The securities are virtually always sold to the investors at a discount to the price at which they would sell in the public markets.

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Definitions:

Childhood Disintegrative

A rare condition characterized by late onset (usually after at least two years of normal development) of developmental delays in language, social function, and motor skills.

Repetitive Manner

Performing actions or behaviors over and over again in a consistent and unvarying way.

Self-Stimulatory Behaviors

Repetitive actions or movements, often seen in individuals with developmental disorders, that are used for self-soothing or sensory stimulation.

Statistically Significant

A determination that a relationship between two or more variables is caused by something other than chance at a specified level of probability.