3 ms·
Yeah, but even if it's lower, the number is certain, decided on over the negotiating table. In an IPO, you don't know till the day of your IPO exactly how much
by ketzo 6y ago
Yeah, but even if it's lower, the number is certain, decided on over the negotiating table. In an IPO, you don't know till the day of your IPO exactly how much you're going to raise.
- dimes 6y agoWhen a company does an IPO, they hire an underwriter that guarantees that they'll sell a specific amount of stock at a specific price. So the company knows how much money they'll raise by the time the first day of trading arrives.