Hot Issue definition

Hot Issue is any of the securities of a public offering which trade at a premium in the secondary market whenever such secondary market begins, or otherwise as such term may be interpreted from time to time under the then current rules of the NASD.
View Source
Hot Issue. ’ means any security that is part of a public offering if the volume weighted price during the first five minutes of trading in the secondary market is 5% or more above the public offering price.]
View Source
Hot Issue means any security that is part of a public offering if the volume
View Source

More Definitions of Hot Issue

Hot Issue shall have the meaning set forth in Section 3.3(a).
View Source

Related to Hot Issue

  • Right Issue means an offer of shares open for a period fixed by the directors to holders of shares of the Company or any class thereof on the register on a fixed record date in proportion to their then holdings of such shares or class thereof (subject to such exclusions or other arrangements as the directors may deem necessary or expedient in relation to fractional entitlements or having regard to any restrictions or obligations under the laws of any relevant jurisdiction or the requirements of any recognized regulatory body or any stock exchange).”

  • Ballot issue means a question that has been approved to be placed before the voters or is otherwise required by law to be placed before the voters. “Ballot issue” does not include the nomination or election of a candidate.

  • Test Issue means any variance or non-conformity of the Services or Deliverables from their requirements as set out in the Call Off Contract;

  • Top-Issue means issues and/or failures identified and prioritized jointly by SAP and Licensee in accordance with SAP standards which (i) endanger Go-Live of a pre-production system or (ii) have a significant business impact on a Production System.

  • Overissue means the purported issuance of: