Definition of Fully Subscribed
What does the term "fully subscribed" mean? What is meant by the term "fully subscribed"?
When a company goes public, underwriting firms are used to sell shares of the public offering to investors.

The term "fully subscribed" means that all available shares of a public offering have been successfully sold to investors.
If an underwriting firm feels as though demand for an offering is higher than initially anticipated, then they can raise the offering price. If they feel that demand will be lower than expected, then they can lower the offering price.
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