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Sagamore Paint recently went public in a best efforts offering. The company offered 1 7 5 , 0 0 0 shares of stock for sale
Sagamore Paint recently went public in a best efforts offering. The company offered shares of stock for sale at an offer price of $ per share. The current shareholders didn't sell their shares. The management costs associated with the offering were $ and the underwriter's spread was After completing their sales efforts, the underwriters determined that they sold a total of shares.
How much is the price per share received by the company?
How much are the gross proceeds?
How much are the proceeds?
How much are the net proceeds?
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