anullim

anullim

When an IPO or secondary issue has difficulty getting investor interest, the company issuing the shares may be unwilling to reduce the price of the offering in order to entice investors into buying the new shares. Should that be an obstacle, the company may cancel the offering in favor or some other form of financing.

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Part of Speech: noun
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Blossary:
Industry/Domain: Banking
Category: Initial public offering
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Underwriters that appear on the cover of a prospectus and help the lead manager with the distribution of the offering but do not make the final decisions.

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