Fundraising process & investor pipeline · Specialist

Order book

Also called: book of demand

ELI5

The list and amount of investor orders.

Used in conversation

“The order book was covered twice.”

Definition

The record of investor demand or orders in a securities offering.

Here “Order book” means: The record of investor demand or orders in a securities offering.

Pitch context

You will see “Order book” in fundraising decks, data rooms, term sheets and investor conversations when the discussion reaches fundraising process & investor pipeline.

Why it matters: In fundraising process & investor pipeline, a loose definition can change rights, obligations, approval, disclosure or enforceability.

Caution

Meaning, enforceability and required process vary by jurisdiction and agreement; this definition is not legal advice.

Sources & evidence · 6

Direct term-level sources and supporting source families.