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Diminished capacity is what kind of defense?
Firm Commitment
A commitment by an underwriter to buy all the unsold shares in an issue and sell them to the public, taking on the full risk of the sale.
Firm Commitment Underwriting
An agreement in which an underwriter commits to buying all the securities offered by the issuer and selling them to investors, taking on the full risk of selling the securities.
Stock Offering
The issuance of new shares by a company to the public or existing shareholders to raise capital.
Number Shares
The total units of stock currently held by all shareholders of a particular company, including restricted shares owned by company insiders.
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