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The firm you founded currently has 12 million shares, of which you own 7 million. You are considering an IPO where you would sell 2
The firm you founded currently has 12 million shares, of which you own 7 million. You are considering an IPO where you would sell 2 million shares for $30.90. What is the maximum number of secondary shares you could sell and still retain more than 50% ownership of the firm? How much would the firm raise in that case? The maximum number of secondary shares you could sell is shares. (Round to the nearest whole number.) The amount that the firm would raise is $ (Round to the nearest dollar.)
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