A type of registration rights that confers on an investor the right to register his unregistered shares when either the invested company or other investors (shareholders) conduct a registration. That is to say, piggy-back rights allow investors to include securities in a registration statement that the company plans to file for a primary offering or some other purpose. So often, agreements of piggy-back registration rights include provisions excluding the the shares of piggy-back registration holders from an ongoing offering, especially in situations where underwriters finds out that market demand is not as large as originally expected and that adding piggy-back shares to the offering will have a negative effect on the share price.
Investment Banking
[related_posts_by_tax title="See also" posts_per_page="10" taxonomies="post_tag"]
[pt_view id=163381fzv7]
[su_box title="Watch on Youtube" style="soft" box_color="#f5f5f5" title_color="#282828" radius="2" class="" id=""][su_row class=""][su_column size="1/1" center="yes" class=""] 
[/su_column][/su_row][/su_box]
[/su_column][/su_row][/su_box]
Comments