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All-Or-Nothing Offering

The offering of a security on the condition that its entire issue is sold. If not, the offering is cancelled...

General Solicitation

The process whereby a company seeks interest from the public at large for an offering either through advertising or any other…

Split Offering

An offering in which some of the proceeds from the underwriting goes to the issuer and some goes to the...

Primary Offering

The first-time issuance of stock (or broadly a security) by a private company (privately held company/ corporation) for public subscription....

Hot Issue

An initial public offering (IPO) in which demand for issued securities exceeds supply. A hot issue IPO is an offering...

Overbooked

A new stock issue on which demand exceeds available shares. In other words, the demand by subscribers on an initial...

Greenshoe

A provision in an initial public offering (IPO) underwriting agreement which entitles the underwriters to purchase more shares than specified...

Float

The total number of shares of stock that a company has issued for public trading or has at a moment...

Fallen Angel

A financially sound firm that has gone public, and then its stock is trading below the price level set in...

Initial Public Offering

An initial public offering (IPO) refers to the issuance of stock by a privately-held company to public investors for the...