cooling-off period


The period after a company's prospectus has been filed with the SEC and before the IPO, during which the company's relations with investors are greatly restricted. Usually lasts 20 days. also called waiting period.

Use cooling-off period in a sentence

You should always try to make sure that you get a good rest and recoup during any cooling-off period of time.

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The cooling-off period was appreciated, although the investors may not have valued the silence as much as the start up founders.

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Our start-up was in a cooling-off period, which greatly frustrated Gary, because he wanted to be in touch with Justin, his longtime friend and investor of this new venture.

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