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The part of the underwriting contract that specifies how long insiders must wait after an IPO before they can sell stock is called a __.
The part of the underwriting contract that specifies how long insiders must wait after an IPO before they can sell stock is called a __. The contract provision that gives the underwriter the option to purchase additional shares from the issuer at the offering price is called a __. Which of the following best describes your answers?
- Firm commitment clause: Under allotment option.
- IPO clause: Syndicate clause.
- Lockup agreement: Green Shoe provision.
- Aftermarket provision: Before market provision.
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