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In economics and law, issued shares are the shares of a corporation which have been allocated (allotted) and are subsequently held by shareholders. [1] [2] The act of creating new issued shares is called issuance.
The department, as the Department of Commerce, was formed in 1965 by Section 225 of the Executive Organization Act of 1965, 1965 PA 380, MCL 16.325.The Michigan Department of Licensing and Regulation was abolished with most responsibilities transferred to the newly formed Department. [1]
Top publicly traded companies in Michigan according to revenues with state and U.S. rankings: State: Corporation: US: 1: Ford: 19 2: General Motors: 21 3: Dow: 75 4
This page was last edited on 23 December 2023, at 23:31 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
Greenshoe, or over-allotment clause, is the term commonly used to describe a special arrangement in a U.S. registered share offering, for example an initial public offering (IPO), which enables the investment bank representing the underwriters to support the share price after the offering without putting their own capital at risk. [1]
Under the marketing allotment provisions of the sugar program authorized by the 2002 farm bill (P.L. 107-171, Sec. 1403), the Overall Allotment Quantity (OAQ) is the amount of domestically-produced sugar that processors of sugar cane and refiners of sugar beets can sell into the U.S. market during a fiscal year.
An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors [1] and usually also to retail (individual) investors. [2] An IPO is typically underwritten by one or more investment banks , who also arrange for the shares to be listed on one or more stock exchanges .
A typical second request asks to gather information about the sales, facilities, assets, and structure of the businesses which are party to the transaction. [1] This frequently requires a large number of documents to be produced, and law firms representing parties to a transaction in which a second request has been issued often must hire contract attorneys to review all the documents involved.