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Securities > Minimum-maximum Underwriting

The following information is about Minimum-maximum Underwriting.

Minimum-maximum Underwriting Defined

A type of best efforts underwriting. It is similar to an all-or-none underwriting until the minimum amount is raised, in that the offering is canceled if that amount is not raised. It then becomes a normal best efforts underwriting above that amount. An example is a real estate limited partnership with a $2 million minimum and a $50 million maximum.

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