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 ?
Should JGS fail to subscribe to all the remaining Rights Shares, BPI Capital Corporation will take up any remaining unsubscribed Rights Shares pursuant to its role as underwriter.
20 June 2012 - US Georgetown Bancorp Inc (OTCBB:GTWN) said today that it is launching the second syndicated community offering portion of the second-step conversion to sell unsubscribed shares of its common stock.
Cell phone control solutions provider CellAntenna Corporation announced on Tuesday that it has filed a petition to have illegal cell phones in a prison that are electronically detected and identified, unsubscribed by the cellular carriers.
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 USD4.00 per share for additional gross offering proceeds of USD1,000,000.
"WhatsApp Plan" is available with a validity period of 30 Days from the date of recharge and the plan is auto-renewed every 30 days unless unsubscribed.
M2 EQUITYBITES-June 20, 2012--Georgetown Bancorp launches public offering of unsubscribed common stock(C)2012 M2 COMMUNICATIONS http://www.m2.com
Shareholders will also have an over-subscription option to buy additional stock that remains unsubscribed at the expiration of the offering.
M2 EQUITYBITES-August 17, 2011-Mace Security International closes offering of unsubscribed common shares(C)2011 M2 COMMUNICATIONS http://www.m2.com
The rights offering includes an over-subscription privilege that entitles a stockholder who exercises all basic subscription privileges in full the right to purchase additional shares of common stock which remain unsubscribed at the expiration of the rights offering, subject to availability and pro rata allocation of shares.