Which of the following statements is FALSE?

A. In the past, the intermediaries via a newspapers advertisement called tombstones would advertise the sale of stock (IPOs and SEOs).

B. When the company issue new share, also known as primary.

C. Existing shareholder are offered new share by the firm, also known as cash offer.

D. Impending sale of the stocks investor today become informed via a road show, news media, or through the book building process, so tombstones are purely ceremonial.