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Business, 30.01.2022 19:30 chiliboy8394

In April 2019, Van Dyck Exponents offered 170 shares for sale in an IPO. Half of the shares were sold by the company and the other half by existing shareholders, each of whom sold exactly half of their existing holding. The offering price to the public was $64 and the underwriters received a spread of 8%. The issue was heavily oversubscribed and on the first day of trading the stock price rose to $159. a-1. What were the proceeds of the issue to the company

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In April 2019, Van Dyck Exponents offered 170 shares for sale in an IPO. Half of the shares were sol...

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