Roadshow
The 1-2 week travel circuit during which IPO underwriters and company management present the deal to institutional investors -- typically 30-60 meetings across major financial centers. The roadshow is the marketing phase of the IPO process: it surfaces the institutional demand that drives bookbuilding and gives management a feel for which questions and concerns the buy-side will raise once the company is public. Direct listings and many SPAC transactions use a compressed or virtual version of the roadshow.
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Business · CEO Pay Ratio · Conflict of Interest · Explanation by Omission · Fair Dealing · Form 4
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