Once Approved with a Shelf Prospectus,firms Have the Right to Sell

question 21

True/False

Once approved with a shelf prospectus,firms have the right to sell new stocks anytime up to a 25-month period by extending investors with a prospectus supplement.

---

Definitions:

Potential Resource

An asset or input that could provide value or benefit to an organization or project if properly leveraged or utilized.

Network

A system of interconnected people or things, facilitating communication, sharing, and resource exchange.

Social

Relating to society or its organization, focusing on the interactions and relationships among individuals within communities or groups.

Dependency

A state of relying on others for support, resources, or decision-making power.