![]() The rest of the money will be returned to your account. Of course, you will only be charged for the shares acquired. If the request for your service is significant, you may receive less than what you applied for. The higher underwriter has the option of partial execution of multiple applications due to excessive underwriting reserves. Wait for allocation - The actual amount of shares purchased during an IPO is determined by supply and demand.The total amount will be blocked on the account one day before the exchange trading begins. Please send your application after that by clicking Send My Application on Houzz. In this step, choose how much money you want to invest. Click Participate in the IPO to continue when you’re done with applications. Submit a request to participate in the IPO - Click Participate in the IPO > Choose Houzz and join the IPO, then follow these steps: Select Applications when they’re open.Freedom occasionally sends last-minute IPO bargains when you have just two hours to participate. You must also verify your presence and deposit your account in a short time frame. The precise IPO date is often unknown until the last day. It is suggested that you deposit your account ahead of time. ![]()
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