Pinterest, Inc. offered 175,000,000 shares of Class A common stock in its IPO.
true or false?
The given statement is false as total number of shares offered by Pinterest, Inc. were 75000000
Pinterest, Inc. offered 175,000,000 shares of Class A common stock in its IPO. true or false?
QUESTION 16 The pre-money valuation of Pinterest on June 6, 2017 was approximately $2 billion less than the valuation of Pinterest at the $19 pe share IPO price. True False QUESTION 17 The operating activities of Pinterest were a use of cash rather than a source of cash in 2017 and 2018. True False QUESTION 18 The global advertising market is projected to grow to $1 trillion in 2022 from $964 billion in 2018, representing a 5% compound annual growth...
Wallace Publishing recently completed its IPO. The stock was offered at a price of $14.74 per share. On the first day of trading, the stock closed at $18.71 per share. If Wallace Publishing paid an underwriting spread of 6.4% for its IPO and sold 5 million shares, what was the total cost (exclusive of underpricing) to it of going public? The total cost of going public wa on. (Round to one decimal place.)
Felton Publishing recently completed its IPO. The stock was offered at a price of $13.31 per share. On the first day of trading, the stock closed at $18.41 per share. If Felton Publishing paid an underwriting spread of 6.9% for its IPO and sold 5 million shares, what was the total cost (exclusive of underpricing) to it of going public? The total cost of going public was $million. (Round to one decimal place.)
In a recent IPO, the Sausage Co. offered 1.8 million shares of stock at an offer price of $15 a share. The underwriting was conducted on a best efforts basis with a spread of 8.5 percent. The Sausage Co. received a total of $21,079,868 in sale proceeds. How many shares were sold? Group of answer choices 1,508,428 1,349,453 1,535,874 1,505,746 1,498,256
An IPO is offered at $14 per share for 6 million shares. The IPO underwriters had a spread of 7.5%. What proceeds did the firm receive from the IPO? OA. $77.7 million B. $90.3 million O C. $6.3 million O D. $84 million OE. $75 million
An IPO is offered at $6.75 per share for 2 million shares. The IPO underwriters had a spread of 9%. What was the total fee paid to the underwriters? OA. OB. OC. $13,500,000 $1,800,000 $12.285.000 D. $12,385,000 OE. $1,215,000
Assume that you have an opportunity to buy the stock of CoolTech, Inc., an IPO being offered for... Assume that you have an opportunity to buy the stock of CoolTech, Inc., an IPO being offered for $11.88 per share. Although you are very much interested in owning the company, you are concerned about whether it is fairly priced. To determine the value of the shares, you have decided to apply the free cash flow valuation model to the firm's financial...
A firm conducting an IPO of common stock sold 5 million new shares in the offering at an offer price of $20 per share. After the offering, the firm had 10 million shares outstanding, and the price of those shares in the secondary market was $22. The total proceeds from the firm's IPO were ________. A) $300 million B) $50 million C) $110 million D) $440 million E) $100 million
Indigo Inc. is going public and issuing 150,000 shares of common stock. The capital raised in the IPO will fund the company's proposed expansion. A Dutch auction is used to allocate shares in the Indigo IPO. The following table shows the number of shares requested by potential investors in each row. Bids Bidder #1 Bidder #2 Bidder # 3 Bidder #4 Bidder #5 Bidder #6 Number of Shares Price per Requested Share 50,000 100,000 150,000 200,000 250,000 300,000 What should...
Indigo Inc. is going public and issuing 150,000 shares of common stock. The capital raised in the IPO wl fund the company's proposed expansion. A Dutch auction is used to allocate shares in the Indigo IPO. The following table shows the number of shares requested by potential investors in each row Number of Shares Price per Bids Bidder # 1 Bidder # 2 Bidder # 3 Bidder # 4 Bidder # 5 Bidder # 6 Requested 50,000 100,000 150,000 200,000...