Ejercicio E2-5 Total Proceeds

E2-5 Angina Inc. has 5 million shares outstanding. The firm is considering issuing an additional 1 million shares. After selling these shares at their $20 per share offering price and netting 95% of the sale proceeds, the firm is obligated by an earlier agree- ment to sell an additional 250,000 shares at 90% of the offering price.

In total, how much cash will the firm net from these stock sales?

Problema 2-3: Initial Public Offering (Oferta Pblica Inicial)

On April 13, 2017, Yext Inc. completed its IPO on the NYSE.

Yext sold 10,500,000 shares of stock at an offer price of $11 with an underwriting discount of $0.77 per share. Yext's closing stock price on the first day of trading on the secondary market was $13.41, and 85,489,470 shares were outstanding.

1. Calculate the total proceeds for Yext's IPO.
2. Calculate the percentage underwriter discount.
3. Calculate the dollar amount of the underwriting fee for Yext's IPO.
4. Calculate the net proceeds for Yext's IPO.
5. Calculate Yext's IPO underpricing.
6. Calculate Yext's market capitalization.