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.