Prosper issues their revised S-1/A – December 5th, 2008
Prosper Marketplace Inc. have issued their new S-1/A seeking approval from the SEC. S-1/A At first glance it is similar to the first one, but includes a primary (loans originated on Prosper) and a secondary market (lenders seeking liquidity of earlier investments) We will issue the Notes in series. Each series will correspond to a single consumer loan originated through our person-to-person online credit auction platform or a previously-funded single consumer loan offered for sale on our platform by one of our financial institution members. In this prospectus, we refer to these consumer loans generally as “borrower loans” and we … Continue reading Prosper issues their revised S-1/A – December 5th, 2008
