When we talk about the dollar value of IPO securities, we are referring to the total worth of the securities issued during an initial public offering, as approved by either the TSX or TSX Venture Exchange. This value is calculated by multiplying the stated prospectus price by the number of securities issued under the IPO, including any over allotment. Essentially, it represents the initial market capitalization of the company going public. It is important to understand this term as it reflects the potential growth and success of the company in the eyes of investors.
