The final stage that consummates an initial public offering, specifically when an underwriting syndicate has been assured by solid commitments from interested investors regarding the number and price of shares a privately-owned company is planning to issue in the primary market. After the company has submitted its registration to potential investors, the underwriting syndicate of investment bankers moves across the country or abroad to meet with interested investors, analysts, or fund managers to provide them with more detailed information about the issuing company and its business, and in return, to receive their feedback regarding the selling price of the shares. Once that is done, the company’s shares begin trading on a respective stock exchange.

Dog and bony show is another name for a road show.