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Case 2: IPO. Select a company that has gone public in the last few years on an organized exchange anywhere in the world. Prepare a
Case 2: IPO. Select a company that has gone public in the last few years on an organized exchange anywhere in the world. Prepare a typewritten paper, double spaced, no longer than 3 pages plus bibliography listing sources of information (be sure to reference these sources in the body of the report as well). Include as many exhibits as you wish. Start out with an introduction of the company, including the business it is in, and when it was established. Then address the following Issues in sequence: : 1. When did the company go public? Why did the company decide to go public? 2. What exchange lists the stock? Why did the company decide to list on that exchange. What is stock symbol? 3. Who was the investment banker? Why did the company choose that investment banker? Was IPO done on an underwritten or best efforts basis? How much was paid to the investment banker? 4. How many shares were issued? What portion of the company did insiders retain? 5. What was the offer price per share? How was the offer price decided? How much money was raised? 6. Has stock price changed since IPO? What was the price at end of first day? Estimate the amount of money left on the table? What is current price? 7. What did the company use the money for? 8. Anything else that you think is interesting about the IPO. You should be able to find all, or most of the information needed for this case. However, if you just can't find information on a particular issue, include a note to that effect so I'll know you didn't just overlook it
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