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Message: <blockquote data-quote="Lumree" data-source="post: 16667" data-attributes="member: 1532">Hey everyone, So I’ve been keeping an eye on Aramco’s IPO listing and the value has rocketed to £1.9tn. With this, there have come talks of the investment fund utilising a greenshoe option. I want to explain what I think this means and hopefully someone can tell me if it’s right!Essentially, a greenshoe option is an agreement with an investor to allow for up to 15% of additional shares to be sold to a specific investor. The idea is that this enables the share price to be balanced out against the influx of demand which has caused shares to trade above expected value. The idea, then, is selling additional shares will balance out the demand and stabilise the price. From a law firms perspective, the work comes from drafting this IPO to include such a clause. Is this correct?Thanks!</blockquote>

Verification: Our company is called, "The Corporate ___ Academy". What is the missing word here?

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