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IPO pricing: Trajax, Inc., a high-technology firm in Portland, raised a total of $90 million in an IPO. The company received $27 of the $30
- IPO pricing: Trajax, Inc., a high-technology firm in Portland, raised a total of $90 million in an IPO. The company received $27 of the $30 per share offering price. The firm's legal fees, SEC registration fees, and other out-of-pocket costs were $450,000. The firm's stock price increased 17 percent on the first day of trading. What was the total cost to the firm of issuing the securities?
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Handbook Of Modeling High Frequency Data In Finance
Authors: Frederi G. Viens, Maria Cristina Mariani, Ionut Florescu
1st Edition
0470876883, 978-0470876886
