Question
You own all $40 million of equity in a private firm. You are planning an IPO that will raise $20 million in primary shares and
You own all $40 million of equity in a private firm. You are planning an IPO that will raise $20 million in primary shares and $10 million in secondary shares. What percentage of the firm's post-IPO equity will you own?
60%
40%
50%
30%
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Writing About Finance And Business
Authors: Alexandrea Geddes
First Canadian Edition
1927023866, 978-1927023860
