What if an IPO is priced 20% or more above or below the price range?

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If an offering prices 20% or more below the low end of the price range or 20% or more above the high end of the price range, your “conditional offer to buy” is no longer valid. We will send you a notice and you will have a limited amount of time, 60-90 minutes to reconfirm your order. If your order is not reconfirmed, it will be canceled. This is one reason to always look at Click IPO messages and alerts.

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