Definition for : Cooling-off period

In the context of an IPO in the US, this refers to the period of 20 days following the filing of the IPO Prospectus with the SEC and the actual issue of the shares. During this period, the company's discussions with Investors and the media are greatly curtailed.

(See Chapter 26 Value and corporate finance of the Vernimmen)

To know more about it, look at what we have already written on this subject