Question
1.) Select a company that has issued an IPO from Nasdaq IPO Calendar (https://www.nasdaq.com/market-activity/ipos). 1A Provide a brief description of the company in a couple
1.) Select a company that has issued an IPO from Nasdaq IPO Calendar (https://www.nasdaq.com/market-activity/ipos).
1A Provide a brief description of the company in a couple of lines in your own words.
2.)What is the Offer Price, number of shares offered, and the IPO date? You will get this information for your company from https://www.nasdaq.com/market-activity/ipos
(Upload a scanned image showing this information from the website.)
3.) What are the direct costs of an IPO to the company? Obtain your answer both in dollars and percentages. To quickly access this data, you can click on your selected IPO companys name under IPO Calendar in Nasdaq.com website and then click on Financials & Filings and scroll down to get the direct link to Form 424B4.
4.)What are the indirect costs of an IPO to the company? Money left on the table = Indirect costs of an IPO = (Adjusted Closing price on the first day of trading Offer Price) * number of shares offered in the IPO
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