The Impact of Lock-Up Periods on IPO Stock

The Mechanics of a Lock-Up Agreement A lock-up period is a legally binding contract between the underwriters of an initial public offering (IPO) and a company’s pre-IPO shareholders. This clause, embedded within the underwriting agreement, prohibits insiders from...

How IPO Allotment Works for Retail Investors

The Mechanics of IPO Allotment: A Retail Investor’s Guide The process of subscribing to an Initial Public Offering (IPO) is often straightforward; the subsequent allotment of shares, however, feels like a mysterious lottery. For retail investors, understanding...