A best effort offering would probably fail if negative valuation information appeared between filing and offering, because its filing-date price would be too high; on the other hand, a ..... commitment offering might be successful if the issuer is willing to lower the price. (*) corporate (*) firm (*) legal (*) strong
This is a companion discussion topic for the original entry at https://english.best/questions/11885,a-best-effort-offering-would-probably-fail-if-negative-valuation-information-appeared-between-filing-and-offering-because-its-filing-date-price-would-be-too-high-on-the-other-hand-a-___-commitment-offering-might-be-successful-if-the-issuer-is-willing-to-lower-the-price/