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 3.6% commission fee. The SEC has authorized Wayne 4,750,000 shares for this issue. He plans to keep 1,060,000 shares for himself, hold back an additional 230,000 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 $16.51 a share. Given the bids at the auction (shown on the table here: E), 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? How many shares does Gotham Pension get? shares (Round to the nearest whole number.) Enter your answer in the answer box and then click Check Answer. ? parts remaining Clear All Check Answer Click on the following Icon in order to paste this table's content into a spreadsheet Bidder Quantity Bid Gotham Pension Fund 2,170,000 Clark Kent Investors 1,000,000 Central City Insurance 600,000 Arthur Curry 450,000 Barry Allen 320,000 Total 4,540,000 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 3.6% commission fee. The SEC has authorized Wayne 4,750,000 shares for this issue. He plans to keep 1,060,000 shares for himself, hold back an additional 230,000 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 $16.51 a share. Given the bids at the auction (shown on the table here: E), 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? How many shares does Gotham Pension get? shares (Round to the nearest whole number.) Enter your answer in the answer box and then click Check Answer. ? parts remaining Clear All Check Answer Click on the following Icon in order to paste this table's content into a spreadsheet Bidder Quantity Bid Gotham Pension Fund 2,170,000 Clark Kent Investors 1,000,000 Central City Insurance 600,000 Arthur Curry 450,000 Barry Allen 320,000 Total 4,540,000