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Banking

Delayed Offering

A type of shelf offering in which the issuer does not intend to offer securities at the time effectiveness (the...

Rights Offering

An offering that allows an issuer's existing shareholders to purchase a pro-rata amount of additional shares (also referred to as...

Backstop Commitment

A type of underwriting in which an investment bank commits to a worst-case price, just contrary to a bought deal...

Direct Rights Offering

A rights offering which doesn't involve a backstop commitment party, or standby purchaser. Effectively, the issuer only sells the number...

Shelf Registration Statement

A filing with an exchange regulatory (e.g., Securities and Exchange Commission) for registration of a public offering, where an issuer...

Open Price Offer

The process of marketing shares to, and gathering orders from, institutional investors in an equity market initial public offering (IPO)....

Initial Public Offering Window

The period of time that lapses between an announcement of an initial public offering (IPO) and the moment the shares...

Floatation

British English for initial public offering (IPO); a process by which a company's security is offered for sale (floated in...

Subscribe

To commit to purchase securities issued at an initial public offering (IPO). This represents an agreement of intent to buy the...

Subscription

A commitment by investors to purchase securities issued at an initial public offering (IPO). This represents an agreement of intent to...