IPO Process

2. a federal government agency that regulates and supervises the securities industry
3. brokerage firm that raises money for companies using public equity and debt markets
4. company whose shares have never been offered publicly for sale
7. process by which a privately held company first offers shares of stock to the public; this is done via an initial public offering (IPO)
9. if the opening price of an IPO in the secondary market is higher than its offering price, the difference
10. ____Herring a preliminary prospectus filed with the SEC
11. characteristic of a security which rises or falls sharply in price within a short time period
13. when an investor sells their shares to the public on the secondary market after an initial public offering (IPO).
14. the amount of stock in an initial public offering (IPO) that is sold to a customer

1. date on which an executed trade of securities must be paid for
5. Price price at which a new security will be distributed to the public prior to the new issue trading on the secondary market; commonly referred to as offering price
6. date the day a newly registered security can be offered for sale
7. the first issuance of stock from a private company for public sale.
8. in charge of organizing the syndicate, distributing member participation shares, and making stabilizing transactions; the lead underwriter’s name appears on the left side of a prospectus cover
12. privately held company offers its shares to the public—an initial public offering (IPO)
15. price for which a new security issue will be sold to the public