Rights Offering (Issue)
Issuing rights to a company's existing shareholders to buy a proportional number of additional securities at a given price (usually at a discount) within a fixed period. Investopedia Says:
Rights are often transferable, allowing the holder to sell them on the open market. Related Terms:
Accelerated Bookbuild
Adjusted Closing Price
Open Offer
Oversubscription Privilege
Rights
Subscription Right
Theoretical Ex-Rights Price |