blank-check company n.— «One niche in which the company already leads are officially called a Special Purpose Acquisition Corporation (SPAC). In everyday parlance, they’re known as blank-check companies. What are those? Back in ancient...
leave money on the table v. phr.— «The ideal offering, investment bankers say, is one that rises to a small premium. A small price rise presumably gives the initial investors confidence in the company, and also confirms the sagacity of...
presidential apartment n.— «With land prices skyrocketing in the city’s central business district (CBD), builders are concentrating on building large projects in the suburban or peripheral areas and are seen increasingly going in for top...
gamma scalping n.— «Gamma scalping, when done correctly, allows traders to profit from small daily movements in the underlying stock. This scalping pays for the decay while the investor waits for a large movement in the underlying...
pre-baked adj.— «Stapled financing is a relatively new phenomenon in both the U.S. and Europe that presents its own unique set of conflicts. In such a financing transaction the investment bank running the auction of a business also offers...
stapled financing n.— «Stapled financing is a relatively new phenomenon in both the U.S. and Europe that presents its own unique set of conflicts. In such a financing transaction the investment bank running the auction of a business also...