Since the December 1st effective date of
Securities Act reform, lawyers have been more careful about what
constitutes the "disclosure package" as more writings are being
considered a potential offer and filed as a free writing prospectus.
1. Since '33 Act reform became effective, the most pieces
included in a "disclosure package" in a deal that I have worked on
has been: (Total responses: n=22)
(select only one) |
| n=1 (4.55%) |
1 piece |
| n=5 (22.73%) |
2 pieces |
| n=6 (27.27%) |
3 pieces |
| n=9 (40.91%) |
4 pieces |
| n=1 (4.55%) |
5-6 pieces |
| n=0 (0.00%) |
7 pieces or more |
2. Since '33 Act reform became effective, the average
number of pieces included in the "disclosure packages" in deals that
I have worked on has been:(Total responses: n=22)
(select only one) |
| n=3 (13.64%) |
1 piece |
| n=10 (45.45%) |
2 pieces |
| n=8 (36.36%) |
3 pieces |
| n=1 (4.55%) |
4 pieces |
| n=0 (0.00%) |
5-6 pieces |
| n=0 (0.00%) |
7 pieces or more |
3. Of the free writing prospectuses filed below, I find this one
the most interesting: (Total responses: n=24)
(select only one) |
| n=1 (4.17%) |
AllScripts (2/21/06) |
| n=0 (0.00%) |
Ascent Solar #1 (3/13/06) |
| n=1 (4.17%) |
Ascent Solar #2 (3/16/06) |
| n=18 (75.00%) |
Chipotle (1/13/06) |
| n=1 (4.17%) |
Jameson Inn (3/17/06) |
| n=3 (12.50%) |
Spansion (12/15/05) |
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If you are aware of other interesting FWPs, please let us know at
info@ccrcorp.com.
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