14 Ill. Adm. Code 130.581
Statement as to Stabilizing Required in Prospectuses Filed Under Section 5.B of the Act
Section 130
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.