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Banking

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...

Public Shell Company

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

Secondary Equity Offering

An equity issue by a firm that already has common stock outstanding (i.e., that is already listed), regardless of whether...

Secondary Distribution

An issuance of securities by a company that already has had an initial public offering (IPO). It involves the sale...

Angel Investing

Investment in a venture enterprise that is financed by capital contributions from independent, wealthy investors. Those investors provide capital in...

All-Hands Meeting

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

Aftermarket Support

The support that brokerage firms and market makers and their customers provide to a public offering that has resulted from...