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Piggyback Registration

A type of securities registration whereby an underwriter allows existing holders of shares in a company to register their shares…

Price-Limited Order

An order that is submitted by a bidder (individual or institutional investor) to an underwriter, in an initial public offering...

Private Placement

A securities offering that targets a relatively small number of investors or involves a limited amount of money. An issuer...

Penalty Bid

A fee that is charged by an underwriter (bookrunner) when investors flip an initial public offering (IPO) issue (i.e., sell…

Preliminary Prospectus

The preliminary document of an initial public offering (IPO) that is prepared after the registration statement is filed with the…

Pre-IPO Prospectus

A rudimentary prospectus that is circulated prior to an initial public offering (IPO) in order, and after the price range…

Pink

A short form for pink sheet shell (pink sheet shell company). By definition, a pink is a type of public…

Quiet Filing

A preliminary prospectus that intentionally lacks certain facts about the initial public offering (IPO). This involves the filing of a…

Quote-Only Period

A period of time that precedes trading on an initial public offering (IPO) in which NASDAQ accepts buy and sell…

Exit Strategy

In the context of venture capital and private equity investing, exit strategy refers to the method by which an investment…