Issuing securities. Bruce Wayne is going public with his new business. Berkman Investment Bank will be his banker and is doing a best efforts sale with a 3.7% commission fee. The SEC has authorized Wayne 5,140,000 shares for this issue. He plans to keep 1,060,000 shares for himself, hold back an additional 180,000 shares according to the green-shoe provision for Berkman Investment Bank, pay off Venture Capitalists with 450,000 shares, and sell the remaining shares at $15.67 a share. Given the bids at the auction (shown on the table here: H ). distribute the shares to all bidders using a pro-rata share procedure, and assume Berkman Investment Bank takes its green-shoe shares. What is the total cash flow to Wayne after the sale? To Berkman Investment Bank? i Data Table Click on the following icon in order to paste this table's content into a spreadsheet der Quantity Gotham Pension Fund 2.140.000 Clark Kent Investors 1.430.000 Central City insurance 650.000 Arthur Curry 300.000 Barry Allen 250.000 Total 4,890,000 Issuing securities. Bruce Wayne is going public with his new business. Berkman Investment Bank will be his banker and is doing a best efforts sale with a 3.7% commission fee. The SEC has authorized Wayne 5,140,000 shares for this issue. He plans to keep 1,060,000 shares for himself, hold back an additional 180,000 shares according to the green-shoe provision for Berkman Investment Bank, pay off Venture Capitalists with 450,000 shares, and sell the remaining shares at $15.67 a share. Given the bids at the auction (shown on the table here: H ). distribute the shares to all bidders using a pro-rata share procedure, and assume Berkman Investment Bank takes its green-shoe shares. What is the total cash flow to Wayne after the sale? To Berkman Investment Bank? i Data Table Click on the following icon in order to paste this table's content into a spreadsheet der Quantity Gotham Pension Fund 2.140.000 Clark Kent Investors 1.430.000 Central City insurance 650.000 Arthur Curry 300.000 Barry Allen 250.000 Total 4,890,000