Net Proceeds | Practical Law

Net Proceeds | Practical Law

Net Proceeds

Net Proceeds

Practical Law Glossary Item 6-382-3643 (Approx. 2 pages)

Glossary

Net Proceeds

As applied to a securities offering, an amount equal to the gross proceeds of the offering less the offering expenses and the underwriting discounts and commissions.
See Standard Documents, Company's Receipt of Offering Proceeds: Public Equity Offerings and Cross-Receipt: Public Debt Offerings for sample receipts in which the company confirms to the underwriters that it has received the net proceeds of the offering.