The correct answer is: C. red herring prospectus.
A red herring prospectus is a preliminary prospectus that is used to test the market before finalizing the issue size and price of a security. It is called a “red herring” because it is printed with a red border and contains a statement that it is not an offer to sell or a solicitation of an offer to buy the securities.
A deemed prospectus is a prospectus that is deemed to have been filed with the securities regulator when a company issues securities under a shelf registration statement. A shelf registration statement is a registration statement that allows a company to issue securities from time to time without having to file a new registration statement for each offering.
A shelf prospectus is a prospectus that is used to register securities that are to be offered under a shelf registration statement. It contains information about the company and the securities being offered, as well as the risks associated with the investment.
None of the above is the correct answer because it is not a type of prospectus.