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Quiet filing
A filing in which many of the important details such as underwriters or terms are omitted but are scheduled to be filed through subsequent amendments at later intervals. This process will, at the very least, get the so-called 'clock' ticking with the SEC. This process usually takes longer than the normal filing pattern which can be between 2 and 3 months from filing to issue date.
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- Part of Speech: noun
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- Industry/Domain: Banking
- Category: Initial public offering
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