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Best Efforts

One of the two principal methods of conducting an initial public offering (IPO), in which the underwriting syndicate doesn’t buy…

Firm Commitment Underwriting

A public offering of securities whereby the underwriter pledges to purchase all securities offered by a company at a special...

Initial Public Offering

The issuance by a privately-held company of stock to public investors for the first time, i.e. in the primary market....

IPO

It stands for initial public offering, which refers to the issuance by a privately-held company of stock to public investors...