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ABC Inc had a recent IPO where 1.8 million shares were offerred at an offer price of $16 per share. ABC Inc was assisted by
ABC Inc had a recent IPO where 1.8 million shares were offerred at an offer price of $16 per share. ABC Inc was assisted by Morgan Stanley on a best efforts basis with a spread of 4.4%. Following the IPO, the firm received a total of $ 24,309,000 in sales proceeds. How many shares were sold? Round up your answer to the next higher whole number of shares. i.e. enter 12,345,765.23 as 12345766
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