Asked by

Joshua Brophy
on Nov 07, 2024

verifed

Verified

A group of firms which unite together to market an IPO for a firm is referred to as the:

A) Flotation organization.
B) Venture capitalists.
C) Underwriting syndicate.
D) Shelf registrars.
E) Private placement group.

Underwriting Syndicate

A group of financial institutions that work together to issue and distribute a new security to the public.

IPO

Initial Public Offering, the process by which a private company becomes publicly traded by offering its shares for the first time to the public.

Venture Capitalists

Investors who provide capital to start-up companies and small businesses with perceived long-term growth potential, often taking a stake in the company in exchange.

  • Explain the function of underwriters in the issuance of securities and outline the different strategies employed, including the Dutch auction underwriting process.
verifed

Verified Answer

AY
AUSTIN YORK (Student)Nov 10, 2024
Final Answer:
Get Full Answer