Allotment of shares can only occur if the ____________________________ specified in the prospectus has been reached.

Question

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The minimum share subscription is the amount of capital that the company must raise through the issuance of shares in order to proceed with the allotment process. The prospectus will typically state a minimum and maximum share subscription, and shares can only be allotted if the minimum subscription amount has been met. The other options listed (profit forecast, maximum share subscription, borrowings forecast) may be included in the prospectus, but are not directly related to the allotment of shares.

Allotment of Shares Can Only Occur If the ____________________________ Specified