Fully Subscribed


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Fully Subscribed

Describing a situation in which an underwriting syndicate places a new issue in the exact amount it is issued. Before a new issue, underwriters canvass potential investors, who may or may not book an order to buy a portion the new issue. If investors agree to buy the exact amount that is issued, the security is said to be fully subscribed. A fully subscribed issue indicates that the issuer priced it perfectly, creating an equilibrium of supply and demand. This can be quite difficult to do. See also: Overbooked, Underbooked.
References in classic literature ?
Miss Miggs went on to say that she would recommend all those whose hearts were hardened to hear Lord George themselves, whom she commended first, in respect of his steady Protestantism, then of his oratory, then of his eyes, then of his nose, then of his legs, and lastly of his figure generally, which she looked upon as fit for any statue, prince, or angel, to which sentiment Mrs Varden fully subscribed.
If the offering is fully subscribed, the amount outstanding under the credit facility will decline to less than U.
75 per Unit as shall be necessary in order for the Minimum Offering to be fully subscribed.
accepted, the Baronsmead VCT Offer is fully subscribed.
A fully subscribed rights offering would raise gross proceeds of approximately $3,370,000.
If the placement is fully subscribed, the company will have 21,711,704 (23,202,872 fully diluted) shares outstanding after completion.
If fully subscribed for, the Flow-Through Placement will provide gross proceeds of $1,000,000 to be expended on the Company's Wellgreen, Yukon and Coppermine, Nunavut properties.
The fully subscribed offering resulted in the issuance of 408,787 additional shares of common stock and gross proceeds to the Company of approximately $5.
The Offers opened on 11 December 2012 and the Offers for Baronsmead VCT plc, Baronsmead VCT 2 plc and Baronsmead VCT 3 plc closed, fully subscribed, on 14, 17 and 21 December 2012 respectively.
OTCBB:NBDR), a Nevada Corporation, announced today that its $1,000,000 Private Placement is fully subscribed and partially funded, with the balance of the subscription to be received by the Company on or before February 28, 2005.
Currently, all 10 Bcf of Hill-Lake's working gas storage capacity is fully subscribed through the end of this winter.
The companies' shares have been fully subscribed by partners.