Question
What is IPO under pricing? A company is planning to go public. Currently, the pre-IPO value of the firms equity is $95 million, the number
What is IPO under pricing?
A company is planning to go public. Currently, the pre-IPO value of the firm’s equity is $95 million, the number of outstanding shares is 3.5 million, the company need to raise $17 million, and the floatation cost of new equity is 12%.
Calculate the gross proceeds needed from an IPO given the above information.
What is the post-IPO equity value?
What is the offer price?
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What is IPO under pricing Under pricing refers to the way that all things considered underwriters pi...
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Managerial economics applications strategy and tactics
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
12th Edition
9781133008071, 1439079234, 1133008070, 978-1439079232
