Initial public offering On April $18,2019,$ the video conferencing company, Zoom completed its IPO on the Nasdaq. Zoom sold $9,911,434$ shares of Class A stock with $1$ vote per share at an offer price of $$36$ and underwriter discount of $$1\mathrm{.}77$ per share. Zoom's closing stock price on the first day of trading on the secondary market was $$61\mathrm{.}25,$ and $24,070,086$ Class A shares were outstanding. There were also $232,318,285$ shares of Class B common stock with $10$ votes each outstanding and held privately by Zoom insiders.

a$.$ Calculate the total proceeds for Zoom's IPO.

b$.$ Calculate the percentage underwriter discount.

c$.$ Calculate the dollar amount of the underwriting fee for Zoom's IPO.

d$.$ Calculate the net proceeds for Zoom's IPO.

e$.$ Calculate Zoom's IPO underpricing assuming that market value per share is the same for both classes of stock.

f$.$ Calculate Zoom's market capitalization assuming that market value per share is the same for both classes of stock.

g$.$ What percentage of Zoom's total common stock $($Class A plus Class B$)$ do Class A stockholders own after the IPO? What percentage of votes do they control?

a$.$ The total proceeds for Zoom's IPO is $

$($Round to the nearest dollar.$)$

b$.$ The percentage underwriter discount is

$\%.($Round to two decimal places.$)$

c$.$ The dollar amount of the underwriting fee for Zoom's IPO is $

$($Round to the nearest dollar.$)$

d$.$ The net proceeds for Zoom's IPO is $

$($Round to the nearest dollar.$)$

e$.$ Zoom's IPO underpricing is

$\%.($Round to one decimal place.$)$

f$.$ Zoom's market capitalization is $ $($Round to the nearest dollar.$)$

g$.$ What percentage of Zoom's total common stock $($Class A plus Class B$)$ do Class A stockholders own after the IPO? What percentage of votes do they control?

The common stockholders own $\%$ of all Zoom stock. $($Round to trio decimal places.$)$

The Class A stockholders control only $\%$ of Zoom. $($Round to two decimal places.$)$