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The Elomom Corporation needs to raise $527 exifion to finonce its expansion into new merhets. The compary wil seli new shawes of equity vit a

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The Elomom Corporation needs to raise $527 exifion to finonce its expansion into new merhets. The compary wil seli new shawes of equity vit a genecal eash offering so raise the needed funds. The offer price is $43 per share and the compeny/s underariters diarge a spread of 9.5 pereent. The SEC fang fee and associated administyative expenses of the offering are $1467000, Htsw many shares: need to be sold? Note: De not round insermediate calculetions and enter your aniwer in shares, not milisons of shares, rounded to the nearest whole thumber, e .9+1,234,567

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