How does S-1 filing process actually work?

Discussion in 'Stocks' started by Lambda1001, Jun 8, 2021.

  1. Today PLBY made a public offering of 4m shares on an S1 filing.

    As far as I understand, S1 is for IPO and PLBY's OP was a year ago, so how did they file another S1 just now? Shouldn't it be an S3 filing?

    Is there a way to anticipate when a company issue shares? I didn't see any financial struggles in PLBY's balance sheet.

    Thanks.
     
  2. tonyf

    tonyf

    This is a secondary rights issue...you may want to start by reading that S1 cover to cover.