Created by: kirb
Number of Blossarys: 2
The act of selling shares immediately after an initial public offering. Investment banks that underwrite new stock issues attempt to allocate shares to new investors that indicate they will retain ...
A commitment by a syndicate of investment banks to purchase all the shares available for sale in a public offering of a company. The shares will then be resold to investors by the syndicate.
The cash price that a willing buyer will pay to a willing seller for an asset. The fair market value of a company generally assumes the value of the company as an ongoing business. The fair market ...
A letter issued by an investment bank that charges a fee to assess the fairness of a negotiated price for a merger or acquisition.
The stage of a company characterized by a complete management team and a substantial increase in revenues.
The process by which the holder of a security in a private company achieves liquidity. Unlike public companies, private companies have no trading market for the resale of securities. The normal exit ...
The price that must be paid by a security holder in order to convert a convertible security. The exercise price is also referred to as the strike price. If an option holder's exercise price is $.50, ...