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Accounting
Banking

Carve-Out

An initial public offering (IPO)/ initial public sale of a minority interest (e.g., 20% or less) in the equity (stock)...

Contemporaneous Financing

A technique that is used in reverse mergers in fund raising. More specifically, an operating company combining with a shell…

Clean Shell Company

A shell company that has no liabilities or other claims against it as perceived by an operating business contemplating merging…

Controlling Interest

The control that initiates from ownership of more than 50% of an entity's voting shares. A shareholder has controlling interest...

Cash-and-Carry Shell Corporation

A shell corporation that is offered for sale in return for cash. Usually, this is the case when the owners…

Comparables

A study of similar publicly traded companies that is conducted by an investment bank for the purpose of specifying the offering…

Completion

The declaration that an initial public offering (IPO) has been completed. The success of an IPO deal cannot be claimed...

Crown Jewel Lock-Up

A situation that arises when a target firm, in an acquisition bid (particularly, a hostile takeover), grants an option to...

Control Stock

The ownership of a sufficient number of stocks by one stockholder or a company in order to obtain a control/...

Comfort Letter

A final statement that a certified public accountant (accounting firm) issues to the underwriters, declaring no indication of false or...