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4 . Asia - based Ashraf Inc., a high - tech company, raised $ 9 2 million in its initial public offering ( IPO )
Asiabased Ashraf Inc., a hightech company, raised $ million in its initial public offering IPO Of the $ offering price per share, the corporation got $ $ was spent on the firm's legal fees, SEC registration fees, and other outofpocket expenses. The first trading day saw a spike in the company's stock price. How much did the company have to pay in total to issue the securities
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