Greenshoe
id:
greenshoe-254-4431894
title:
Greenshoe
text:
Greenshoe, or over-allotment clause, is the term commonly used to describe a special arrangement in a U.S. registered share offering, for example an initial public offering (IPO), which enables the investment bank representing the underwriters to support the share price after the offering without putting their own capital at risk. This clause is codified as a provision in the underwriting agreement between the leading underwriter, the lead manager, and the issuer or vendor. The provision allows
brand slug:
wiki
category slug:
encyclopedia
description:
Contractual clause allowing the underwriter to buy shares of a registered stock offering
original url:
https://en.wikipedia.org/wiki/Greenshoe
date created:
date modified:
2024-01-30T13:29:57Z
main entity:
{"identifier":"Q1544793","url":"https://www.wikidata.org/entity/Q1544793"}
image:
fields total:
13
integrity:
14