{"iri":"https://folio.openlegalstandard.org/RD3CxbsoS6FY6KfrgxcMDaJ","label":"Private Investment in Public Equity Practice","sub_class_of":["https://folio.openlegalstandard.org/R5mVKmojg3FKSzxupI6FLy"],"parent_class_of":[],"is_defined_by":null,"see_also":[],"comment":null,"deprecated":false,"preferred_label":"PIPE Practice","alternative_labels":["PIPE"],"translations":{},"hidden_label":null,"definition":"Private Investment in Public Equity (PIPE) is a transaction where private investors directly purchase newly issued shares from a publicly traded company, often at a discount to the current market price. Such transactions typically occur when the company seeks to raise capital swiftly, especially during mergers, acquisitions, or other pivotal events.","examples":[],"notes":[],"history_note":null,"editorial_note":null,"in_scheme":null,"identifier":null,"description":null,"source":null,"country":null}