Booster Shot
The name given to the first formal recommendation report issued by an underwriter for an IPO. It is presented in the process of the public offering.
The booster shot acts as a way to reinforce attractiveness of the new issue. The underwriter attempts to ensure a successful offering by strengthening the issues appeal.
The booster shot acts as a way to reinforce attractiveness of the new issue. The underwriter attempts to ensure a successful offering by strengthening the issues appeal.
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