During the SEC waiting period the potential issuing company can issue a preliminary prospectus which contains:
A. exactly the same information as the final prospectus except an indication of SEC approval.
B. all the information as the final prospectus including red writing stating it is a red herring.
C. very limited financial information and red writing stating it is preliminary.
D. only a description of what the funds are to be used for.
E. information very similar to the final prospectus without a price nor with SEC approval.