Oversubscribed \ When the demand for a new issue of securities (IPO) exceeds the number of shares issued.
A term referring to an offer for sale where applications for shares exceed the number of shares available. When this happens, the allocation of shares will depend on the rules set out in the company"s prospectus, but a common solution is to scale back all applications so that everyone gets a smaller slice of the available new issue than they applied for.
Oversubscribed / when the demand for a new issue of securities (ipo) exceeds the number of shares issued.
a term referring to an offer for sale where applications for shares exceed the number of shares available. when this happens, the allocation of shares will depend on the rules set out in the company"s prospectus, but a common solution is to scale back all applications so that everyone gets a smaller slice of the available new issue than they applied for.
Oversubscribed