Stox & Sellers Is a Relatively New Corporation That Has

True/False

Stox & Sellers is a relatively new corporation that has been working with an investment bank to carry out an initial public offering for its stock.The investment bank has agreed to a best efforts approach to selling the shares.This is good news for Stox & Sellers,because it means the investment bank has guaranteed that all of the shares will be sold at the agreed-upon offer price.