A group of investment banks that jointly underwrite the issuance of securities by a company. The syndicate pools the resources...
A general term that may refer to either a dirty shell or a messy shell. Broadly speaking, unclean shells are…
A general term that may refer to either a dirty shell corporation or a messy shell corporation. Broadly speaking, unclean…
The underwriter's profit or compensation in an initial public offering (IPO). It is equal to the difference between the offering...
An equity issue by a firm that doesn’t have common stock outstanding (i.e., that is not listed). Differently stated, it…
An equity issue by a firm that doesn’t have common stock outstanding (i.e., that is not listed). Differently stated, it…
An investor that doesn’t have a minimum net worth of $1 million (excluding primary residence equity) either independently or jointly…
A general term that may refer to either a dirty shell company or a messy shell company. Broadly speaking, unclean…
The fee that an underwriter earns from underwriting a security (e.g., equity offering). The underwriter discount is the difference between...
An initial public offering (IPO) in which, and contrary to bookbuilding, the final offer price is determined prior to opening...