A right issued by a corporation as a preventative to a takeover measure. It allows right holders to purchase shares in either their company or in the combined target and bidder entity at a substantial discount, usually 50%. This discount may make the takeover prohibitively expensive.³

The Securities and Exchange Commission online version of “Plain English Handbook: How to Create Clear SEC Disclosure Documents.”⁶

The investment bank, broker, or other person that locates investors to purchase securities from the Company in a private offering, in exchange for a commission.³

Pooled Investment Vehicle.

A presentation in which a startup founder attempts to persuade an investor of the viability of their company.  The presentation spectrum varies based on the specific purpose of the pitch.  Brief presentations in which an entrepreneur provides a 30 – 60 second overview of their idea, business model and marketing strategy, with the purpose of attaining a followup audience with an investor are described as elevator pitches.  Formal, detailed presentations utilizing power point type slide decks, with the specific objective of seeking investment from angel groups or VCs, are known as investment presentation pitches.⁶

The continuing flow of upcoming business or underwriting deal opportunities .⁶

Private Investment for Public Equity.

(Payment in Kind) PIK Debt are bonds that may pay bondholders compensation in a form other than cash.³

A situation when a securities underwriter allows existing holdings of shares in a corporation to be sold in combination with an offering of new public shares.³

Highly speculative, lower priced offerings which sell at less than $5/share.⁶