Unsubscribed


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Unsubscribed

A new issue in which investors show a lack of interest. Before a new issue, underwriters canvass potential investors, who may or may not book an order to buy a portion of the new issue. The portion that is not booked is called the unsubscribed portion. The existence of an unsubscribed portion may affect the price when the security is actually issued. Sometimes an issuer requires underwriters to buy the unsubscribed portion in order to raise its target capital. See also: Underbooked, Fully subscribed.
References in periodicals archive ?
The bank will also conduct a limited public offering of its shares for those shares unsubscribed in the rights offering, and may also increase such limited public offering by up to a total of an additional 250,000 shares at USD4.
The Company reminds shareholders that the period for subscription of the remaining unsubscribed shares in the second reoffering round by preferred and common shareholders who indicated an interest in purchasing additional shares in the second reoffering round ends on December 29, 2004.
Lastly, we would like to highlight that the Centennial Asset Mining Fund LLC, a company associated to EBX Group (the "Centennial"), will guarantee the subscription and payment of all Unsubscribed Shares at the price of six Brazilian reais and seventy centavos (R$ 6.
In addition to the exercise price, other important matters relating to the rights offering have not been finalized as of the date of this press release, including the date of the initial offering, the expiration date of the rights offering and the procedures relating to the purchase of initially unsubscribed shares.
The end benefit for consumers is to stop unwanted e-mails after they have unsubscribed.
The remaining 5,092,720 unsubscribed shares will be offered to members of the public at the same subscription price of $1.
Do not allow others to email to consumers who have unsubscribed from your database.
Nasdaq: CHKR) announced today that in connection with the rights offering announced yesterday, stockholders who exercise their initial subscription privilege will be permitted to subscribe for the rights which remain unsubscribed, if any, at the expiry date.
Of this amount, 393,109 shares were properly tendered; pursuant to Israeli law, Crystal then purchased the remaining 282,383 unsubscribed shares by a mandatory acquisition.
Webster expects to sell any unsubscribed shares of Conversion Stock plus additional stock in an underwritten Public Offering promptly after expiration of the Subscription Offering.
For example, the top complaint about spam today is that "it takes too much time to delete or get unsubscribed," according to 39 percent of respondents to the April 2003 survey.