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Indication of Interest (IOI)
Indication of Interest - IOI
Image 1 An underwriting expression showing a conditional but non-binding interest in buying a security that is currently in registration (awaiting effectiveness by the SEC). The investor's broker is required to provide the investor with a preliminary prospectus.
Image 2 The IOI is non-binding because it is illegal to sell a security while still in the registration process.


Underwriting