What is Underwriter ?
A “brokerage firm” that raises money for companies through public equity and debt markets is known as an “underwriter.” Underwriters are financial intermediaries that purchase stock or bonds from an issuer and then sell these securities to the public in the primary market. This process is carefully regulated by the Securities and Exchange Commission (SEC) and the National Association of Securities Dealers. The underwriting process involves evaluating the securities, setting the offering price, and distributing the securities to investors during initial public offerings (IPOs) and debt offerings.
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