Re:Spotify Form F-1
by jonknee on Wednesday February 28, 2018 @07:04PM
(#16488486)
From the document...
> because Morgan Stanley is not acting as an underwriter, it will not have engaged in a book building process, and as a result, it will not be able to provide input to the DMM that is based on or informed by that process
Re:Spotify Form F-1
by neom on Wednesday February 28, 2018 @07:24PM
(#16488624)
You're totally right, my bad. I read it as ".. as a financial advisor to be available to consult AS the designated market maker" - thanks for pointing that out. :)
> because Morgan Stanley is not acting as an underwriter, it will not have engaged in a book building process, and as a result, it will not be able to provide input to the DMM that is based on or informed by that process