Question
Assume UBER makes 2,000,000 shares available to investors through a Dutch Auction IPO. The following orders have been listed below. What is the IPO price?
Assume UBER makes 2,000,000 shares available to investors through a Dutch Auction IPO. The following orders have been listed below. What is the IPO price? How many shares does each investor get?
| Investors | Bid Amount ($) | Bid Shares |
| Ahlexas | 125,000 | 5,000 |
| Bob | 1,500 | 20,000 |
| Chris | 900 | 500,000 |
| Dominic | 750 | 750,000 |
| Elvira | 600 | 600,000 |
| Frank | 500 | 400,000 |
| Gary | 50 | 950,000 |
What is the IPO price?
How many shares does each investor get?
How much money does UBER get?
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The Nft Guide Learn How To Buy Sell Collect And Mint Non Fungible Tokens
Authors: Thomas Jase
1st Edition
