Examlex
While the size of the tail in the long tail phenomenon is disputable, one fact that is critical to remain above this debate is that:
Public Issue
The offering of shares by a company to the public for the first time to raise capital.
Standby Fee
A charge paid to a lender or service provider for keeping credit or facilities available to a borrower, even if not currently used.
Overallotment Option
A provision that allows underwriters to sell investors more shares than initially planned by the issuer, typically in an Initial Public Offering (IPO).
IPO Underpricing
The phenomenon where the initial offering price of a stock is set lower than the market price on its first trading day.
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