Examlex
The role of the change agent is all of the following except:
IPO
Initial Public Offering; the process through which a private company becomes publicly traded by offering its shares for sale to the general public for the first time.
Standby Underwriter
A financial entity that agrees to purchase any unsold shares after a public offering to ensure the issuing company raises the capital needed.
Underpriced IPOs
Initial Public Offerings priced below their market value, often leading to significant investor interest and potential profit.
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