Going dark refers to when a public company becomes a private company. It is also referred to as “deregistration.”
The Securities and Exchange Commission (SEC) regulates how companies can go dark in Rule 12d2-2, requiring...
securities
goods and chattels
Goods and chattels generally refer to property that is not real estate, but the extent of the terms' coverage of property is highly challenged and jurisdiction specific. In common law, the term broadly included any moveable property or...
greenmail
Greenmail refers to a strategy used by corporate boards of directors to prevent the takeover of a corporation or the increasing influence of an adverse shareholder. Greenmail became extremely popular in the 1980s with the rise of takeovers of...
guaranteed signature
Guaranteed signature is a process of identity verification often used in the financial industry when transferring securities that are held in a physical document. Often, buyers and brokers alike require a guaranteed signature for purchasing...
gun jumping
Gun jumping refers to unlawful activities by a company awaiting regulatory approval for a transaction. The term arises in the context of (1) securities regulation and (2) anti-trust regulation.
(1) Gun jumping in Securities Regulation...holder
A holder is a general term for the individual who has lawfully received possession of property. For example, anyone holding a promissory note, check, bond or other paper.
[Last updated in March of 2022 by the Wex Definitions Team]
holding
A holding can have different meanings depending on the context used.
A court's decision on a matter of law in civil procedure is called a "holding." It frequently refers to a ruling on a crucial issue that decides the outcome of the...holding company
A holding company is a corporation that owns sufficient voting stock in another corporation to control its policies and management. Holding companies are regulated by various laws, including the Securities Exchange Act of 1934 and the...
hostile takeover
A hostile takeover is a type of acquisition where a company (the acquirer) takes control of another company (the target company) without the approval or consent of the target company's board of directors. In other words, the target company's...
incentive stock option (ISO)
Incentive stock options (ISO) refer to a set of stock options used by corporations to compensate major employees in a way that generates limited tax obligations for the employee. If structured and used correctly, an ISO can be taxed as...