piggyback registration

Piggyback registration

When a securities underwriter allows existing holdings of shares in a corporation to be sold in combination with an offering of new public shares.

Piggy Back Registration

The registration of a security in which an underwriter allows a new issue to be offered along with previously issued shares. A piggyback registration must occur with the permission of the relevant underwriter and be noted in the new issue's prospectus. Piggyback registration should not be confused with piggybacking, which is a different concept altogether.

piggyback registration

The registration of a new issue and already outstanding stock of the same issuer for a single public offering. Thus, a single registration suffices for the primary and secondary offering.