this post was submitted on 01 Jun 2026
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[–] Jhex@lemmy.world 30 points 9 hours ago* (last edited 9 hours ago) (1 children)

how can you file confidentially for a public offering?

that's like throwing a public party where you are expecting to make money of the cover charge but not telling anyone about it

[–] jonathan@piefed.social 20 points 9 hours ago (2 children)

Poor wording. The content of the filing is confidential, not the act of filing.

[–] W3dd1e@lemmy.zip 1 points 1 hour ago

But don’t the public investors need that info to decide? Like a prospectus?

I don’t know that much about IPOs. I’m just assuming.

[–] Imgonnatrythis@sh.itjust.works 10 points 8 hours ago

I had read confidently and was like I bet you smug bastards.