Devolvement is the process through which a company’s shares are offered to the public for the first time. The company may choose to do this in order to raise capital, to increase its visibility, or to create a market for its shares. The process of devolvement can be complex, and there are a number of … Read more
The term “flotation” refers to the process of bringing a company onto the stock market. This involves the sale of shares in the company to investors, in order to raise capital for the business. The process of flotation can be a complex and lengthy one, and it is often overseen by investment banks and other … Read more
A stabilizing bid is an order to buy shares in an IPO that is placed by the investment bank that is underwriting the deal. The purpose of the stabilizing bid is to support the price of the stock after it begins trading, in order to avoid a sharp decline. When a company goes public, it … Read more
An “Offering” refers to the sale of securities by a company in order to raise capital. The securities are typically sold to institutional investors, such as banks, insurance companies, and mutual funds, as well as to wealthy individuals. The company will usually engage an investment bank to act as an underwriter for the offering. The … Read more
A back-door listing is a type of initial public offering (IPO) in which a company that is already publicly traded purchases a private company and then combines the two companies. The purpose of a back-door listing is to allow the private company to become publicly traded without going through the traditional IPO process. There are … Read more
The book building process is the pricing mechanism used in an initial public offering (IPO) in which investment banks and other major institutional investors seek bids from potential investors to determine the price at which the IPO will be offered. The book building process is used to generate interest in an IPO and to set … Read more
