it means the underwriter (AGP) is taking the risk
Post# of 32635
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Posted On: 02/28/2019 10:25:40 AM
Re: FightingFalcon #12792
it means the underwriter (AGP) is taking the risk but is still an intermediary. The final clients are other investors. But clearly it means they were very confident about the roadshow success (and might have had interested clients beforehand)
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