Notice of Exercise of Over-allotment Option | Practical Law

Notice of Exercise of Over-allotment Option | Practical Law

A letter from the underwriters of a registered offering (or the initial purchasers of an unregistered offering) giving official notice to the issuer of their election to exercise an over-allotment option (also referred to as a green shoe) granted in the underwriting agreement. This Standard Document has integrated notes with important explanations, drafting tips and practical advice to conduct the over-allotment (or green shoe) closing.

Notice of Exercise of Over-allotment Option

Practical Law Standard Document 4-503-4234 (Approx. 5 pages)

Notice of Exercise of Over-allotment Option

by Practical Law Corporate & Securities
MaintainedUSA (National/Federal)
A letter from the underwriters of a registered offering (or the initial purchasers of an unregistered offering) giving official notice to the issuer of their election to exercise an over-allotment option (also referred to as a green shoe) granted in the underwriting agreement. This Standard Document has integrated notes with important explanations, drafting tips and practical advice to conduct the over-allotment (or green shoe) closing.