The phrase "__________" implies that the company engaged in an IPO could have received a larger amount of funds had the offer price been set at a higher level.

Question

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"Leaving money on the table" is a phrase used to indicate that a company could have raised more funds in its initial public offering (IPO) if it had priced its shares higher. This suggests that the demand for the shares was higher than anticipated, and the company undervalued its stock at the time of the IPO.

The Phrase "__________" Implies That the Company Engaged in an IPO