Re:Lyft’s revenues double, losses quintuple and prospects da...
by lukewrites on Friday May 10, 2019 @12:48PM
(#19879609)
I had to Google it:
> A greenshoe option is an over-allotment option. In the context of an initial public offering (IPO), it is a provision in an underwriting agreement that grants the underwriter the right to sell investors more shares than initially planned by the issuer if the demand for a security issue proves higher than expected.
> A greenshoe option is an over-allotment option. In the context of an initial public offering (IPO), it is a provision in an underwriting agreement that grants the underwriter the right to sell investors more shares than initially planned by the issuer if the demand for a security issue proves higher than expected.
https://www.investopedia.com/terms/g/greenshoe.asp