Management and Organizational Studies 1023A/B Lecture Notes - Lecture 8: U.S. Securities And Exchange Commission, Investment Banking, Sec Filing

• School: Western University
• Department: Management and Organizational Studies
• Course: Management and Organizational Studies 1023A/B
• Professor: Barry Hawn

Document Summary

To complete an ipo, irms will need the services of investment bankers who are experts in bringing new securities to the market. Larger irms that go to the seasoned public markets on a regular basis have experienced inancial stafs and may provide some or all of the origination services themselves. Smaller irms will use the full range of services from the investment banker. Selecting investment banks: top investment banks do not want to tarnish their rep by bringing. Bad deals to market: willingness to underwrite a irm"s ipo is an implicit seal of approval, ensuring investment banking irm with good rep will improve market receptivity and success. Commission: include preliminary prospectus: initial registration statement iled with the sec by a company preparing its. Ipo, contains detailed info about the issuer and proposed issue: primary prospectus includes. Activities in which the irm is engaged. Description of management team and their experience. Range of shares that the irm plans to sell.