Bringing public offerings to all investors
ClearingBid allows millions of investors and their brokers unprecedented access to new security issues of all types
An issuer works with ClearingBid and requests the inclusion of a new security issuance on the platform.
The issuer works with an underwriter to draft and file the prospectus while determining the type and quantity of security to be publicly offered.
Users access new security offerings through the ClearingBid application. Order requests can be submitted through the brokers of choice while tracking market demand and pricing.
Upon final pricing, investor allocations are determined. After closing, the issuer receives the proceeds and brokers earn commissions.