CNN CNN Newsroom September 13, 2013 13:26:00
That passed last year letting companies go public without having to disclose all this paperwork, there's less pressure to reveal financial data and gives the companies a chance to work out the kinks in private. you look at how traditional ipos, companies have had to show the accounting going back three years, a new way for companies to test the waters to get an idea of investor interest without having the eye beales look at the public scrutiny. on the other hand it makes it you have iter for investors to know how many shares are going to be sold or what the pricing is going to look like. so do...
Source: archive.org