1. What is the GIBRALTAR CAPITAL IPO program?
  2. How does the GIBRALTAR CAPITAL IPO program work?
  3. How do I participate in a GIBRALTAR CAPITAL IPO program?
  4. Can I change or cancel my exit strategy order?
  5. Can I submit multiple bids?
  6. I opened an account with another online brokerage to participate in an IPO. Can I use that account for GIBRALTAR CAPITAL IPO program?
  7. What information will be available about the company?
  8. Who can I contact with any questions?
What is the GIBRALTAR CAPITAL IPO program?
GIBRALTAR CAPITAL'S IPO Program is a modern way to take companies public that increases access to IPOs while providing a balanced exit strategy (to optimize investment profits) for our clients. Based on the investment system designed by leading Venture Capital Funds and Angel Investors, our GIBRALTAR CAPITAL IPO Program uses an investment model to treat all IPO investors in an even-handed and impartial way. It is similar to the model used by leading Investment Bankers for their personal portfolios – that serves as a "gateway strategy" to exit the IPO investment with optimal profits while "balancing" the supply side of "selling shareholders" with the demand side of "buying investors.
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How does the GIBRALTAR CAPITAL IPO program work?
A GIBRALTAR CAPITAL IPO is typically open for subscribers to purchase shares for one to three weeks prior to the date that the "public" announcement of the offering takes place. Once the GIBRALTAR CAPITAL IPO subscription concludes, GIBRALTAR CAPITAL auctions the remaining unsold IPO share (if any) to co-underwriters and affiliated securities syndicators. Any shares remaining unsold after the auction is purchased by GIBRALTAR CAPITAL for its own trading account.
All IPO share subscribers are required to agree to a divestiture schedule (irrevocable sales instruction to the broker) at which their shares will be uniformly sold in the trading market at pre-set and pegged trading market values. Click here to view how IPO divestiture schedule works.
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How do I participate in a GIBRALTAR CAPITAL IPO program?
To subscribe to a GIBRALTAR CAPITAL IPO, you need to have a brokerage account with GIBRALTAR CAPITAL or an account at another firm participating in the GIBRALTAR CAPITAL IPO Program. You can communicate with GIBRALTAR CAPITAL through the Internet or by phone or fax, but we strongly suggest you use the Internet to avoid possible telecommunications congestion. Other participating brokers may have different policies and methods of communicating with their customers.
Once you have an account, submit your subscription online for the number of shares you wish to purchase and the "divestiture schedule" plan that best suits your investment portfolio. The minimum purchase is generally 10,000 shares and the maximum purchase is 30,000 shares.
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Can I change or cancel my exit strategy order?
Yes. You can change your Divestiture Schedule (choose one of three plans) at any time up until the date that the IPO shares begin trading. After the IPO shares commence trading in the public market, you will not be able to change or modify your divestiture schedule without permission from GIBRALTAR CAPITAL. Special Circumstances may arise from to time – requiring an amendment to the divestiture schedule – which GIBRALTAR CAPITAL will consider and not unreasonably deny. In order to address such special requests, you will have to contact GIBRALTAR CAPITAL (or the participating broker through which you submitted your bid).
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Can I submit multiple bids?
Yes. For example, if you place three orders for ten thousand (10,000) shares each (remember, one GIBRALTAR CAPITAL account holder is limited to a 30,000 share IPO subscription), you may opt to sell your shares at different divestiture schedules – to take full advantage of ALL potential market conditions. For instance, you may start to sell one block of 10,000 shares at $5/share … a second block at $10/share and hold onto the third block of 10,000 shares until the Irrevocable Divestiture Order terminates (usually after 9 months or at a projected pegged price – whichever occurs earlier).
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I opened an account with another brokerage to participate in an IPO. Can I use that account for GIBRALTAR CAPITAL IPO program?
It depends. GIBRALTAR CAPITAL maintains relationships with a number of brokerages. If you want to ensure that you have the opportunity to participate in a GIBRALTAR CAPITAL IPO opportunity, you should open an account with GIBRALTAR CAPITAL and fill out a GIBRALTAR CAPITAL IPO Subscription form to reserve your IPO investment.
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What information will be available about the company?
Before making an investment decision, you should carefully read the offering prospectus, as it contains the only information the company can issue to the general public during the offering. For detailed information about the process for any particular GIBRALTAR CAPITAL IPO type of offering, please read the preliminary prospectus, including the section of the preliminary prospectus entitled "Plan of Distribution."
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Who can I contact with any questions?
If you have any questions about the GIBRALTAR CAPITAL IPO Program or your brokerage account, please contact us through our convenient Contact Form.
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