Stockholders Rights Instrument
From Open Risk Manual
Definition
Stockholders Rights Instrument. A security giving stockholders entitlement to purchase new securities issued by the corporation at a predetermined price (normally less than the current market price) in proportion to the number of securities already owned.
Stockholders may sell these to non stockholders if they wish. Rights are issued only for a short period of time, after which they expire.
Disclaimer
This entry annotates a FIBO Ontology Class. FIBO is a trademark and the FIBO Ontology is copyright of the EDM Council, released under the MIT Open Source License. There is no guarantee that the content of this page will remain aligned with, or correctly interprets, the concepts covered by the FIBO ontology.
Facts about "Stockholders Rights Instrument"
| IsDefinedBy URI of an entity that is defined via an imported vocabulary. | https://spec.edmcouncil.org/fibo/ontology/DER/DerivativesContracts/RightsAndWarrants/index-en.html + |
