Traditional Deals: Share Allocation
When WRH+Co is offered shares of stock by other underwriters, we do not control the overall allocation or the offering price and therefore cannot use the OpenIPO auction process.
In these cases, we have created our own method of distributing these shares on a basis that:
At the offered companys request, we may offer shares to people who have an established relationship with the company that is going public; this could include important customers, suppliers, business partners or advisors.
If there are shares left over, we will allocate shares to both individual and institutional customers.
Individual customers requesting shares are divided into two groups: