Quiet period
Māori translation:
Definition
In the US, a quiet period is when the company going through an IPO to list on a share market must be quiet about the business. This is mandated by the SEC and often covers the dates between when documents are filed with the SEC and 40 days after the listing date. The aim is to enable the SEC to review and verify the information they’ve been given, and protect investors by ensuring the company doesn’t falsely inflate their value leading up to the listing date.
We acknowledge and thank the FMA, Dr Karena Kelly and Brook Taurua Grant, the RBNZ and the Māori Dictionary for their research which helped us with te Reo Māori kupu for this glossary.
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