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Organizational Meeting

The meeting of all members of an IPO team that takes place usually six to eight weeks before a company...

Combined Offering

An initial public offering (IPO) in which the issued securities are predominately a combination of primary and secondary shares. The offering consists...

Split Offering

An initial public offering (IPO) in which the issued securities are predominately a combination of primary and secondary shares. The offering consists...

Tag Along

A type of shareholding rights whereby a minority shareholder is protected when a majority shareholder sells his/its stake. The minority...

Fire Drill

An emergency that arises when an analyst is required to finish some analytical tasks related to investment banking processes under...

Best Effort

An underwriting agreement in which the investment bank serves as agent in selling stock on behalf of the issuer. That...

Buy Side

An informal term for the institutional investors on the New York Stock Exchange (NYSE). In general, it refers to the...

Break Issue

An initial public offering (IPO) in which the security falls in price (i.e., sells below the IPO price) on the...

Broken IPO

An initial public offering (IPO) in which the security falls in price (i.e., sells below the IPO price) on the...

Public Shell

A company that has shareholders but has no minimal assets on its balance sheet and doesn't achieve a minimal amount...