The offering price is the price per share at which new or secondary distribution of securities is offered for sale to the public. It is also commonly referred to as the public offering price.
A registered security is a financial instrument whose ownership is documented with the issuer or the issuer's agent. This contrasts with bearer securities where physical possession implies ownership.
A secondary offering, also known as a secondary distribution, is the sale of new or closely held shares of a company by investors, usually institutions, who are selling off their positions entirely or part of it.
