An initial public offering (IPO)/ initial public sale of a minority interest (e.g., 20% or less) in the equity (stock)...

In investment banking, it is a financial and contractual relationship that is established between a lead investment banking firm (lead…

Capital that is contributed at the first stage (pre-incorporation stage) of a venture enterprise, i.e., after the business plan is…

An electronic processing/ establishment of IPO cross that is designed to facilitate executions (order fills), on a fair and transparent...

A general term that may refer to either a dirty shell or a messy shell. Broadly speaking, unclean shells are…

A technique that is used in reverse mergers in fund raising. More specifically, an operating company combining with a shell…

A shell company that has no liabilities or other claims against it as perceived by an operating business contemplating merging…

A public shell company whose shares trade on the Pink Sheets, i.e., it is listed by the National Quotation Bureau…

A securities offering whereby one or more parties invest in a new business by securing enough funds to start and…

The dollar amount that is raised during an initial public offering (IPO) process. An issuer will be keen to maximize…