Series 24: Underwriting Agreement (UA)

Taken from our Series 24 Online Guide

Underwriting Agreement (UA)

The underwriting agreement (UA) sets the terms and conditions of the agreement between an issuer and the lead underwriter. Note that the Agreement Among Underwriters grants authority to the lead underwriter to enter into the UA with the issuer on their behalf.

The UA includes the following information:

• It specifies the public offering price or a formula with which to derive it.
• It specifies the per-share underwriting spread.
• It states the over-allotment (green shoe) option, if granted, allowing underwriters to issue up to 15% more shares than originally planned (see pag

+ Read More

More Series 24 Info

What are people saying?

Create an Account

Since you're reading about Series 24: Underwriting Agreement (UA), you might also be interested in:

Series 66 - 9.4.7.3 Common Types of Social Media Fraud

Series 99 - 2.4.6 Timeline for Posting Entries

Series 65 - Redemption of Mutual Fund Shares

Series 24 - IPO Restrictions

Series 63 - Broker-Dealers

Please Enable Javascript
to view this content!

Site Login

TESTIMONIALS

What are people saying?

Recently passed the Series 24 Exam. I owe it to the Solomon Exam Prep series. The format of study and testing preparation was easy to follow and comprehend. I had taken the exam before and used study material through a different provider. It did not give me the sense of readiness in the "connection of the dots" and time-management like the Solomon series did. Such a relief to see the word PASS.

Hope Brackin, Cambridge Investment Research, Inc., Auburn, AL

I would like to say that Solomon test prep had the most varied and comprehensive test bank I have seen. The questions ranged in difficulty and the answer feedback was so detailed, that I felt that I was mastering concepts rather than trying to pin down certain facts in a question just to get the 'one,' answer. I saw many iterations of the sample examinations, and with the courage to keep clicking next and learning, I passed with a score I'm more than happy to claim. Also, the staff are very responsive. I'll be coming back.

Neil, San Diego, CA

I would just like to say that Solomon’s customer service was excellent. The material was clear and easy to understand and I feel that it prepared me extremely well for my exam. I found the study outline to be the most helpful in keeping me on track. I would definitely refer the material to anyone taking the Series 24. Thank you to the Solomon team for helping me pass my 24!

Tamaqua Roland, Philadelphia, PA

I passed my Series 24 today with an 80% thanks to Solomon Test Prep! I found the most benefit from using the practice exams as a learning tool, reading each answer explanation as I went along, regardless of a(n) correct/incorrect response. I found that for this exam, understanding the concepts is equally as important as memorization! Good luck!

Audrey M., Austin, TX

After trying numerous study materials, Solomon was the key to pass my Series 24. The live class was a perfect complement. Thank you Karen for your assistance!

Marie, Miami, FL

I passed the Series 24 on the first try with an 80%! This was the highest of all of my Series exam scores and I attribute much of my success to Solomon's amazing study materials. The practice exams are spot-on and the video lectures were a great supplement to the readings. I suggest following the study schedule Solomon provides for a successful outcome!

Katelyn H, Las Vegas, NV