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TriState Corp. recently went public with an initial public offering in which they received a total of $51.60 million in new capital funding. The underwriter
TriState Corp. recently went public with an initial public offering in which they received a total of $51.60 million in new capital funding. The underwriter used a firm committment offering in which the offer price was $34.00 and the underwriters spread was $3.10. TriState also paid legal and other administrative costs of $1,110,000 for the IPO. What is the number of shares issued through this IPO?
1,669,903
1,705,825
1,517,647
1,550,294
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