If all of the shares sold are from your holdings, how much will the firm raise? What
Question:
If all of the shares sold are from your holdings, how much will the firm raise? What will be your percentage ownership of the firm after the IPO?
The firm you founded currently has 12 million shares, of which you own 7 million. You are considering an IPO where you would sell 2 million shares for $20 each.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Question Posted: