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In big shortcut - usually there are few banks and institutions involved in the process of the IPO. Some of them offer individual brokerage accounts and let the
by durnygbur 5y ago
In big shortcut - usually there are few banks and institutions involved in the process of the IPO. Some of them offer individual brokerage accounts and let their customers to subscribe to shares pre-IPO at the subscription price.
- reacharavindh 5y agoThanks for the explanation. That makes sense. I thought the SEC filing shows X number of shares being brought to the IPO, which meant they would hit the market at open, but then it never is too simple ;-)