Prospectus Delivery Period The period after a public offering during which dealers must usually give a final prospectus to purchasers who buy the security in the secondary market. Extends to 40 calendar days after the offering date, or for 90 calendar days if it was an initial public offering. Calculated for shelf distributions the same as for other issues, even though the offering may continue for some time beyond that point. The delivery period is dropped to 25 calendar days if the security is listed on an exchange or included in Nasdaq® by the offering date.
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