BizTerm Definition
Price Range
Full Definition

When a company files an IPO with the Securities and Exchange Commission (SEC), it is required to state at what price it expects to price its offering. This price is normally expressed as a range with a spread of two or three dollars. For example: $10 to $12 or $15 to $18. The proposed price range is generally, but not always (see Quiet Filings), set at the time the company makes its IPO filing with the SEC. Going forward, the proposed price range may be adjusted up or down depending on market conditions and investor reaction to the proposed price.


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