How an IPO Actually Works: S-1, Bookbuilding, Greenshoe
From S-1 to first trade: how underwriters price an IPO, run the roadshow, use the greenshoe, and why the 7% spread refuses to move.
From S-1 to first trade: how underwriters price an IPO, run the roadshow, use the greenshoe, and why the 7% spread refuses to move.
How a company goes public, step by step: the S-1 filing, bookbuilding, share allocation under FINRA Rule 5130, and the greenshoe that stabilizes the first weeks of trading.