I'm trying to understand the scope of coverage provided by posi. I want to know what aspects or areas are included in posi's protection or coverage.
6 answers
Bianca
Sat Nov 09 2024
It also applies to other scenarios that require a prospectus, including bond issuances, capital increases, and up-listings.
GeishaCharm
Sat Nov 09 2024
Prospectus liability insurance, also known as Public Offering of Securities Insurance or POSI insurance, is a specific type of coverage designed to protect against potential liabilities.
CryptoPioneer
Sat Nov 09 2024
This insurance is particularly relevant in situations where a securities prospectus is published, such as during an initial public offering (IPO).
StormGlider
Fri Nov 08 2024
The primary purpose of POSI insurance is to safeguard against liabilities that may arise from the contents of the prospectus.
JejuJoyfulHeartSoul
Fri Nov 08 2024
These liabilities can stem from inaccuracies, omissions, or misleading statements within the document.