Under what condition would an investment banker keep a green shoe option in a public offer?

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Kari Parker asked a question: Under what condition would an investment banker keep a green shoe option in a public offer?
Asked By: Kari Parker
Date created: Fri, May 21, 2021 7:01 AM
Date updated: Tue, Jun 21, 2022 4:29 AM

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Top best answers to the question «Under what condition would an investment banker keep a green shoe option in a public offer»

The issuer company uses green shoe option during IPO to ensure that the shares price on the stock exchanges does not fall below the issue price after issue of shares. Green shoe is a kind of option which is primarily used at the time of IPO or listing of any stock to ensure a successful opening price.

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