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Does anybody have any idea how pricing of this will open up compared to an IPO? They are doing a direct offering (DPO), which essentially means no new shares ar
by nodesocket 7y ago
Does anybody have any idea how pricing of this will open up compared to an IPO? They are doing a direct offering (DPO), which essentially means no new shares are being allocated and there is no underwriter which typically means the price can be way more volatile on opening day since no underwriters to control and establish pricing. DPO as I understand you are buying shares directly from people who already have them.