Equity Issuance . Met Inc sold 8M shares of stock in an SEO. The market price at the time was $42.50. Of the 8M shares, 5M were primary shares and 3M were secondary shares sold by VC investors. The underwriter charges 5% of the gross proceeds as an underwriting fee. How much $ did Met raise? How much $ did the VC investors receive? . If the stock price dropped 3% on the SEO announcement and the new shares were sold at that price, how much $ would Met have received?

Equity Issuance - Met Inc sold 8M shares of stock in an SEO. The market price at the time was $42.50. Of the 8M shares, 5M were primary shares and 3M were secondary shares sold by VC investors. The underwriter charges 5% of the gross proceeds as an underwriting fee. - How much \$ did Met raise? - How much \$ did the VC investors receive? - If the stock price dropped 3% on the SEO announcement and the new shares were sold at that price, how much $ would Met have received