Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

Otherwise it would not be certain how much stock they can sell for what price, so they run a risk of having the offering fail (i.e., not sell all the offered shares).

To clarify: usually the underwriters take the risk of selling the shares. If they don't sell all of offered shares to the public, they have to buy the remaining shares themselves.



Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: