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AUXILIARY JOURNAL Definition

AUXILIARY JOURNAL is a journal in which accounting information is stored both before and after the transfer to the General Ledger.

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SI&A is Structure Inventory and Appraisal or Site Installation and Activation.

PIPE (Private Investment in Public Equity) refers to any private placement of securities of an already-public company that is made to selected accredited investors (usually to selected institutional accredited investors) wherein investors enter into a purchase agreement committing them to purchase securities and, usually, requiring the issuer to file a resale registration statement covering the resale from time to time of the securities the investors purchased in the private placement. PIPE transactions may involve the sale of common stock, convertible preferred stock, convertible debentures, warrants, or other equity or equity-like securities of an already-public company. There are a number of common PIPE transactions, including:

• the sale of common stock at a fixed price;
• the sale of common stock at a fixed price, together with fixed price warrants;
• the sale of common stock at a fixed price, together with resettable or variable priced warrants;
• the sale of common stock at a variable price;
• the sale of convertible preferred stock or convertible debt; and
• a venture-style private placement for an already-public company.

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