The If the investment bank guarantees the sale of the securities, the issue is investment bank must pay the issuing firm within days of the official start of the offering. If more than one investment bank is involved in the IPO, the deal is referred to as stock offering an un syndicated a syndicated After the SEC approves the registration statement for the IPO, the biggest responsibility for the issuing company and the investment bank becomes ensuring that the determined number of securities is sold and the firm is able to raise the intended amount. The IPO team ncluding the investment bankers, senior management team, lawyers, and investor relations team conducts various activities Which of the following statements are true about the activities involved in the IPO process? Check all that apply. During the roadshow, the IPO team can divulge additional information to institutional investors that is not given in the registration statement to lure the institutional investors. Investment bankers usually underprice the IPO so that the IPO is oversubscribed and investors who get to participate in the IPO generate high profits. O The underwriter selects institutional clients and takes the IPO team on a roadshow to make presentations to these clients across different cities. If the investment bankers in the book-building process realize that the demand for the securities is low, they can either reduce the offering price or consider withdrawing the IPO Suppose ReapingTheBenefits Co. (RTB Co.) is one of the largest investment banking firms on Wall Street Vision Stone Corp. hired RTB Co. as the underwriter for its IPO. RTB Co. has set the offering price of the share to $40 per share. The underwriters will charge a 5.8% spread. How many shares must the company sell to net $65 million, ignoring any other expenses? O 1.73 million shares O 2.42 million shares O 2.08 million shares O 1.63 million shares The If the investment bank guarantees the sale of the securities, the issue is investment bank must pay the issuing firm within days of the official start of the offering. If more than one investment bank is involved in the IPO, the deal is referred to as stock offering an un syndicated a syndicated After the SEC approves the registration statement for the IPO, the biggest responsibility for the issuing company and the investment bank becomes ensuring that the determined number of securities is sold and the firm is able to raise the intended amount. The IPO team ncluding the investment bankers, senior management team, lawyers, and investor relations team conducts various activities Which of the following statements are true about the activities involved in the IPO process? Check all that apply. During the roadshow, the IPO team can divulge additional information to institutional investors that is not given in the registration statement to lure the institutional investors. Investment bankers usually underprice the IPO so that the IPO is oversubscribed and investors who get to participate in the IPO generate high profits. O The underwriter selects institutional clients and takes the IPO team on a roadshow to make presentations to these clients across different cities. If the investment bankers in the book-building process realize that the demand for the securities is low, they can either reduce the offering price or consider withdrawing the IPO Suppose ReapingTheBenefits Co. (RTB Co.) is one of the largest investment banking firms on Wall Street Vision Stone Corp. hired RTB Co. as the underwriter for its IPO. RTB Co. has set the offering price of the share to $40 per share. The underwriters will charge a 5.8% spread. How many shares must the company sell to net $65 million, ignoring any other expenses? O 1.73 million shares O 2.42 million shares O 2.08 million shares O 1.63 million shares