A registered direct offering or (RD) is a registered offering marketed to a limited number of institutional investors. As a result, no subsequent registration of the securities issued in the offering is required, and the issuer typically receives better pricing than a private placement as a consequence.
RDs have become the standard way to raise equity capital for all exchange-listed companies, using their shelf registrations .
EG&S was ranked #1 for for placement agent representation in PIPE/RD transactions (by number of transactions) for 2014 among all U.S. law firms.
Click here to view our presentation on RDs and PIPEs