What Is a Unit IPO

question 7

Multiple Choice

What is a unit IPO?

• A)An IPO of a previous unit (or division) of a firm that is being spun off of its parent.
• B)A package that includes both common stock and warrants.
• C)An IPO of common shares that is sold in bulk (i.e., as a unit) to a single investor.

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Definitions:

Slip Spline

A mechanical feature allowing axial movement between shaft sections, facilitating changes in length during operation.

Driveshaft Assembly

A mechanical component used to transmit torque from the vehicle's engine to its wheels.

Chassis

The base frame of a vehicle to which various components are attached.

Center Support Bearing

A hanger bearing used to suspend the first section of a driveshaft in a double driveshaft assembly. It is required on truck driveshafts when the distance between the transmission and drive carrier exceeds 70 inches (178 cm) and consists of a rolling bearing element supported by a rubber insulator and bracket. Also known as hanger bearing.