DUTCH AUCTION

  1. Public offering action structure in which the offering price is fixed following taking in all bids and determining the optimal price the total offering can be sold. Investors place a bid for the amount they are willing to purchase relative to its quantity and price.
  2. Auction in which the item’s price is reduced until it takes a bid. The winning bid is the first bid placed, resulting to a sale, presuming the price is higher than the reserve price.