Which of the following is included in the IPO registration in relation to key personnel and holders?

• A. Balance Sheet
• B. Names, bios of officers, directors, underwriters and stockholders who own more than 10% of the outstanding shares
• C. Copy of product catalog
• D. Future expansion plan

Answer: (B)

Disclosures in IPO registrations emphasize who runs the company and who holds significant influence. Regulators want investors to see the people in charge and the major owners who could influence decisions.

The information that fits this purpose is the listing of names and backgrounds of officers and directors, the underwriters, and stockholders owning a substantial stake (typically 10% or more). This provides a clear view of management experience and potential conflicts of interest, and it shows who has significant control or influence over the issuer.

The other items aren’t centered on management or large holders: a balance sheet is a financial statement, not a personnel/ownership disclosure; a product catalog is irrelevant to the registration; and future expansion plans are covered in the prospectus but don’t focus on key personnel or major holders.