Question No:01

Oliver Tech issued 1 million shares of new stock with a par value of $5 at an offering price of $20. At the end of the first day of public trading, the stock was selling for $23. By the end of the second day, the stock was selling for $25. At the end of the first week, the stock was selling for $24. How much did Oliver "leave on the table"?

a. $5 million

b. $0

c. $3 million

d. $2 million

Question 2

Which of the following statements regarding the roadshow is NOT accurate?

a. Book-building is the main purpose of a road show.

b. Potential investors ask questions during a roadshow presentation, but the management team may not give any information that is not in the registration statement.

c. A quiet period begins when the registration statement is made effective and lasts until the day the stock begins trading.

d. During a roadshow presentation, the management team may not make any forecasts or express any opinions about the value of their company.