Based on your understanding of the involvement of investment banks in an IPO, complete the following statements: If the investment bank guarantees the sale of the securities, the issue is . The investment bank must pay the issuing firm within days of the official start of the offering. If more than one investment bank is involved in the IPO, the deal is referred to as stock offering. After the SEC approves the registration statement for the IPO, the biggest responsibility for the issuing company and the investment bank becomes ensuring that the determined number of securities is sold and the firm is able to raise the intended amount. The IPO team-including the investment bankers, senior management team, lawyers, and investor relations team-conducts various activities. Which of the following statements are true about the activities involved in the IPO process? Check all that apply. If investors are willing to purchase more shares than are available, the IPO is considered to be oversubscribed. During the roadshow, the IPO team can make forecasts and express their opinions about the projected value of the company after the IPO to lure institutional investors. The investment banker estimates the potential demand for the securities by recording the number of shares that each investing to buy. This is called book-building. The underwriter selects institutional clients and takes the IPO team on a roadshow to make presentations to these clients across different cities. Based on your understanding of the involvement of investment banks in an IPO, complete the following statements: If the investment bank guarantees the sale of the securities, the issue is . The investment bank must pay the issuing firm within days of the official start of the offering. If more than one investment bank is involved in the IPO, the deal is referred to as stock offering. After the SEC approves the registration statement for the IPO, the biggest responsibility for the issuing company and the investment bank becomes ensuring that the determined number of securities is sold and the firm is able to raise the intended amount. The IPO team-including the investment bankers, senior management team, lawyers, and investor relations team-conducts various activities. Which of the following statements are true about the activities involved in the IPO process? Check all that apply. If investors are willing to purchase more shares than are available, the IPO is considered to be oversubscribed. During the roadshow, the IPO team can make forecasts and express their opinions about the projected value of the company after the IPO to lure institutional investors. The investment banker estimates the potential demand for the securities by recording the number of shares that each investing to buy. This is called book-building. The underwriter selects institutional clients and takes the IPO team on a roadshow to make presentations to these clients across different cities