New shelf registrations and prospectus supplements (New financing filings)
How many registration statements, and prospectuses that sell shares, the company has filed with the SEC since you wrote the rule that you have not yet been told about.
A shelf registration is filed months before the share count moves, and an at-the-market supplement sells into the market while you hold. Both are on EDGAR the day they are filed.
How it is computed here
Count of new S-3, F-3, S-1 and F-1 registrations, their automatic and Rule 462(b) variants, and new 424B5 and 424B4 prospectuses
Measured against the most recent quarterly balance sheet. Read from the company's EDGAR filing index every night, not from a filed period. It counts filings, not money. Filed under risk. Lower is the stronger reading, other things equal.
No published threshold exists for this figure, so this page prints none. Read it against the company's own history and its peers instead.
When it misleads
- The rule breaks once for each new filing, then watches for the next one. A filing already on EDGAR when you wrote it never breaks it.
- An amendment to a registration already announced, and a Rule 424(b)(3) prospectus, are shown on the company page and do not break the rule: the second is filed every quarter a resale registration is kept current.
- A prospectus supplement is called at-the-market only when its own cover says so, and the sentence that says so is quoted.
Questions
How is new shelf registrations and prospectus supplements calculated?
Count of new S-3, F-3, S-1 and F-1 registrations, their automatic and Rule 462(b) variants, and new 424B5 and 424B4 prospectuses. Measured against the most recent quarterly balance sheet. Read from the company's EDGAR filing index every night, not from a filed period. It counts filings, not money.
What does new shelf registrations and prospectus supplements tell a value investor?
A shelf registration is filed months before the share count moves, and an at-the-market supplement sells into the market while you hold. Both are on EDGAR the day they are filed.
When does new shelf registrations and prospectus supplements mislead?
The rule breaks once for each new filing, then watches for the next one. A filing already on EDGAR when you wrote it never breaks it. An amendment to a registration already announced, and a Rule 424(b)(3) prospectus, are shown on the company page and do not break the rule: the second is filed every quarter a resale registration is kept current. A prospectus supplement is called at-the-market only when its own cover says so, and the sentence that says so is quoted.