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Akoustis has granted the underwriters in the offering a 30-day option to purchase up to 1,636,363 additional shares of common stock solely to cover over-allotments.
And then there are underwriters.
Goldman Sachs and JP Morgan are the lead underwriters.
Source: https://business.inquirer.net/420569/instacart-targets-up-to-9-3b-valuation-for-much-awaited-us-ipo
In talking to many other insurance agents and underwriters in our market, these examples are becoming the norm rather than the exception.
Surety underwriters will also review the construction schedule, the contract start date and how that date will be handled with contracts already in progress, warranty, and payment terms — and more — all to better understand the risks of the project.
Source: https://www.insurancejournal.com/blogs/iat/2023/04/26/717864.htm
The regulation applies to all varieties of sellers, along with issuers of securities, underwriters, and sellers.
Source: https://www.mccourier.com/definition-holding-periods-and-other-rules/
These gross-line underwriters manage a portfolio against their capital, aiming to make a return regardless of what retro providers are charging for that risk, which tends to create more stability in underwriting and capacity decisions, he said.
Source: https://www.insurancejournal.com/news/international/2023/09/12/739882.htm
“We are very grateful for the investment community’s continued favorable reception and the support of our joint lead underwriters, regulators, and participants.
We have planned for this operational shift to ensure a seamless transition for our audiences and underwriters.
Source: https://radioink.com/2023/08/14/audacy-and-apm-ending-onerous-podcast-deal-one-year-short/