What does roadshow mean?

A roadshow in finance refers to a series of presentations or meetings that a company or investment bank holds with potential investors, analysts, and financial institutions in order to promote and market a new security offering or an upcoming financial transaction. The roadshow typically involves top executives from the company or investment bank traveling to different cities or financial centers to meet with potential investors and provide them with detailed information about the offering, the company's financial performance, and its growth prospects. Roadshows are an important part of the process of raising capital and are used to generate interest and demand for the securities being offered. They are also an opportunity for investors to ask questions and gather information that will help them make an informed decision about whether to invest in the offering. Roadshows are commonly used for initial public offerings (IPOs), secondary offerings, debt issuances, and other financial transactions.