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Business, 22.04.2020 03:37 micvar9646

GS Investment Bank is worried that the company it is underwriting for an IPO may not be well supported since investors may sell additional shares into the market after the IPO. To prevent this from happening, GS Investment Bank may restrict the ability of officers, directors and other shareholders to sell any of their shares for a specific period of time after the IPO. This is known as a:

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GS Investment Bank is worried that the company it is underwriting for an IPO may not be well support...
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