Underwriters sell most or all of the shares of an IPO to institutional investors.

Name: Underwriters sell most or all of the shares of an IPO to institutional investors.
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Underwriters typically allocate a significant portion of an IPO's shares to institutional investors due to their capacity to purchase large volumes of shares, which helps ensure the success of the IPO by securing a substantial amount of capital.

Underwriters Sell Most or All of the Shares of an IPO