Which of the following best describes a red herring prospectus?
A) A shortened version of registration Form S-1 available to those companies that already have publicly traded securities.
B) Disclosure in the business press, outlined in red, informing investors of an upcoming offering.
C) A prospectus containing material irregularities and deficiencies.
D) Preliminary information provided to investors about an upcoming issue, and issued between the time a registration statement is presented to the SEC and its effective date.
