TITLE 14: COMMERCE
SUBTITLE A: REGULATION OF BUSINESS
CHAPTER I: SECRETARY OF STATE
PART 130 REGULATIONS UNDER ILLINOIS SECURITIES LAW OF 1953
SECTION 130.581 STATEMENT AS TO STABILIZING REQUIRED IN PROSPECTUSES FILED UNDER SECTION 5.B OF THE ACT


 

Section 130.581  Statement as to Stabilizing Required in Prospectuses Filed Under Section 5.B of the Act

 

a)         If the registrant or any of the underwriters knows or has reasonable grounds to believe that there is an intention to over-allot or that the price of any security may be stabilized to facilitate the offering of the registered securities, there shall be set forth, either on the outside front cover page or on the inside front cover page of the prospectus filed under Section 5.B of the Act, a statement in substantially the following form, subject to appropriate modifications where circumstances require.  The statement shall be in capital letters, printed in boldface roman type at least as large as 10-point modern type and at least 2 points leaded:

 

IN CONNECTION WITH THIS OFFERING, THE UNDERWRITERS MAY OVER-ALLOT OR EFFECT TRANSACTIONS WHICH STABILIZE OR MAINTAIN THE MARKET PRICE OF (identify each class of securities in which such transactions may be effected) AT A LEVEL ABOVE THAT WHICH MIGHT OTHERWISE PREVAIL IN THE OPEN MARKET.  SUCH STABILIZING, IF COMMENCED, MAY BE DISCONTINUED AT ANY TIME.

 

b)         If the stabilizing began prior to the effective date of the registration, there shall be set forth in the prospectus the amount of securities bought, the prices at which bought and the period within which they were bought.