A private investment in public equity, often called a PIPE deal, involves the selling of publicly traded common shares or some form of preferred stock or convertible security to private investors. It is the allocation of shares not through a public offering in a stock exchange. PIPE deals are part of the primary market. In the U.S., a PIPE offering may be registered with the Securities and Exchange Commission on a registration statement or may be completed as an unregistered private placement.
Read more about Private Investment In Public Equity: PIPE Market, PIPEs and Mergers and Acquisitions, Regulation
Famous quotes containing the words private, investment, public and/or equity:
“One key, one solution to the mysteries of the human condition, one solution to the old knots of fate, freedom, and foreknowledge, exists, the propounding, namely, of the double consciousness. A man must ride alternately on the horses of his private and public nature, as the equestrians in the circus throw themselves nimbly from horse to horse, or plant one foot on the back of one, and the other foot on the back of the other.”
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—For the State of Massachusetts, U.S. public relief program (1935-1943)
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