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Which is the most likely outcome with regards to the greenshoe option of an IPO, given the below information? The greenshoe option will be exercised
Which is the most likely outcome with regards to the greenshoe option of an IPO, given the below information?
The greenshoe option will be exercised resulting in the company issuing an extra 22.5m shares at 26.50 The bookrunner will not exercise the greenshoe option, since the share price has increased in the secondary market The greenshoe option will be exercised resulting in the company issuing an extra 22.5m shares at 25.00 The greenshoe option will not be exercised. The bookrunner will be required to purchase 22.5m shares in the secondary market at 26.50Step by Step Solution
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