Question #1 (5 points):

Review the section on the Securities Act of 1933 in Ch. 23.

1. What are the two purposes of the registration statement required for an IPO?

2. What four key pieces of information must the registration statement contain?

3. Why are these four items of information important to investors? As an investor, why would you want access to this information?

4. What are the three steps in the registration process after the registration statement?