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IPO Intelligence Glossary

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U
Underwriter
This is a brokerage firm that raises money for companies using public equity and debt markets. Underwriters are financial intermediaries that buy stock or bonds from an issuer and then sell these securities to the public. The process through which this is accomplished is highly regulated by the SEC and the National Association of Securities Dealers.

Unseasoned
One reason why IPOs are different from stocks in the broader market indexes is that they lack a trading history, have a limited float and have not developed long-term shareholders who are knowledgeable about the company. For these reasons the stock is said to be unseasoned.

 

 

 

 

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