Normal Course Offering
Definition
A Normal Course Offering is a standard, routine offering of securities to investors, typically without any special features or conditions.
Benefits
Normal course offerings provide a simple way for companies to raise funds. They are routine and well-understood by investors.
Frequently Asked Questions
What is an ATM offering? An ATM (At-The-Market) offering is a type of stock offering where a company sells its shares directly into the market at current prices.
What is an offering of securities? An offering of securities is when a company sells stocks, bonds, or other financial instruments to investors to raise money.
Is shelf offering good or bad? A shelf offering can be good as it allows a company to issue shares over time, providing flexibility. It can be bad if it leads to shareholder dilution.
Summary
A Normal Course Offering is a straightforward method for companies to sell securities and raise capital. It is routine and typically free of special conditions.