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A biotechnology company , Keros TherapeuticsKeros Therapeutics , completed its IPO on April 8 , 2 0 2 0 2 0 2 0 , and
A biotechnology company Keros TherapeuticsKeros Therapeutics completed its IPO on April and listed on the Nasdaq. KerosKeros sold comma comma shares of stock to primary market investors at an IPO offer price of $ $ with an underwriting discount of Secondary market investors, however, were paying $ per share for KerosKeros comma comma shares of stock outstanding which includes the newlyissued shares
a Calculate the total proceeds for KerosKeros IPO.
b Calculate the dollar amount of the underwriting fee for KerosKeros IPO.
c Calculate the net proceeds for KerosKeros IPO.
d Calculate market capitalization for KerosKeros outstanding stock.
e Calculate IPO underpricing for KerosKeros IPO.
f Explain the IPO underpricing for KerosKeros.
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Part
a The total proceeds for KerosKeros IPO is $enter your response here. Round to the nearest dollar.
Part
b The dollar amount of the underwriting fee for KerosKeros IPO is $enter your response here. Round to the nearest dollar.
Part
c The net proceeds for KerosKeros IPO is $enter your response here. Round to the nearest dollar.
Part
d KerosKeros market capitalization is $enter your response here. Round to the nearest dollar.
Part
e KerosKeros IPO underpricing is enter your response hereRound to two decimal places.
Part
f Explain the IPO underpricing for KerosKeros.
Positive underpricing indicates that secondarymarket investors were willing to pay more for the company's shares than the IPO offer price that the shares were sold for in the primary market."
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