• Under SEC regulations, a publicly traded corporation must provide a prospectus before offering to sell stock in the corporation. Pl. prospectuses See REGISTRATION STATEMENT. Cf. TOMBSTONE. [Cases: Securities Regulation 25.50–25.75. C.J.S. Securities Regulation §§ 47, 92–100.]
prospectus
(pr[schwa]-spek-t[schwa]s). A printed document that describes the main features of an enterprise (esp. a corporation’s business) and that is distributed to prospective buyers or investors; esp., a written description of a securities offering.