Series 79 practice questioneasySEC Registration Statements
Which SEC form is typically used for the initial public offering (IPO) of equity securities by a U.S. company?
- AForm S-3
- BForm S-1✓ Correct answer
- CForm D
- DForm 144
Explanation
Why B — Form S-1
Form S-1 is the standard registration statement for IPOs by U.S. companies. The trap is confusing it with Form S-3, which is for seasoned issuers, or with forms used for private placements and resale exemptions.
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