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Question: Calculating Costs of Issuing Stock TriState Corp. recently went public with an initial public offering in which they received a total of $50.30 million
Question: Calculating Costs of Issuing Stock TriState Corp. recently went public with an initial public offering in which they received a total of $50.30 million in new capital funding. The underwriter used a firm commitment offering in which the offer price was $30.75 and the underwriter's spread was $1.80. TriState also paid legal and other administrative costs of $980,000 for the IPO. What is the number of shares issued through this IPO?
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Matlab An Introduction with Applications
Authors: Amos Gilat
5th edition
1118629868, 978-1118801802, 1118801806, 978-1118629864
