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250 words each question should be 250-ho-300 words and win in APA QUA-S&S Air Goes Public Mark Sexton and Todd Story have been discussing the

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250 words
each question should be 250-ho-300 words and win in APA QUA-S&S Air Goes Public Mark Sexton and Todd Story have been discussing the future of S&S Alt. The company has been experiencing fast growth, and the two see only dear thies in the company future However, the fast growth can no longer be funded by internal sources, so Mark and Todd have decided the time is right to take the company public. To this end, they have entered into discussions with the investment bank of Crowe & Mallard. The company has a working relationship with Rerata Harper, the underwriter who assisted with the comprobore offering. Crowe & Mallard have assisted numerous small companies in the IPO process, so Mark and Todd feel confident with this choice Renata begins by telling Mark and Todd about the process. Although Crowe & Mallard charged an underwriter fee of 4 percent on the bond offering the underwritet for 7 percento all initial stock offerings of the size of S&S Air's offering Renata tells Mark and Todd that the company can expect to pay about $1.000.000 in degallers and experts $11.300 C registration fees, and $15.000 in other filing fees. Additionally to be listed on the NASDAQ, the company must pay $125.000 There are also interests of 14.500 engraving expenses of $450,000. The company also should expect to pay 575.000 for other expenses associated with the IPO Finally, Renata tells Mark and Todd that to nle with the SEC, the company must provide three years audited funcial statements. She is sure about the cost of the Market Renata that the company provides audited financial statements as part of the bond covenant, and the company Days $300,000 per year for the outside of 4. Many employees of S&S Air have shares of stock in the company because of an existing employee stock purchase plan. To sell the stock, the employees can tender their shares to be sold in the IPO at the offering price, or the employees can retain their stock and sell it in the secondary market after S&S Air goes public. Todd asks you to advise the employees about which option is better. What would you suggest to the employees

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