Stock Analysis on Net
Stock Analysis on Net

Preferred Stock, Shares Subscribed but Unissued, Subscriptions Receivable

Dollar amount of subscriptions to be received from investors who have been allocated nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) to buy. When stock is sold on a subscription basis, the issuer does not initially receive the total proceeds. In general, the issuer does not issue the shares to the investor until it receives the entire proceeds.