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Secondary Offering Financing

Secondary offering securities refer to the stocks or bonds issued by a company during a secondary offering, which is approved by the TSX or TSX Venture Exchange. The value of these securities is determined by multiplying the stated prospectus price by the number of securities issued under the offering, including any over allotment. This is an important term to understand in the world of finance, as secondary offerings can greatly impact a company's stock value.
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