Which One of the Following Statements Is NOT True

question 32

Multiple Choice

Which one of the following statements is NOT true?

• A) PIPE transactions are registered with the SEC.
• B) PIPE transactions are not registered with the SEC.
• 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:

Referent

The specific entity in the world that a word or phrase identifies or stands for.

Postal Worker

A postal worker is an individual employed by the postal service to sort, process, and deliver mail to individuals and businesses.

Civil Servant

A person employed in the public sector by a government department or agency.

Concept

An abstract idea or a mental symbol typically representing something recognizable from real life but understood universally.