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Plus of the 10% of the shares soldo, most were to institutions with an understanding that they are going to hold it "long term" (i.e. which may be just a few mo
by mattsoldo 6y ago
Plus of the 10% of the shares soldo, most were to institutions with an understanding that they are going to hold it "long term" (i.e. which may be just a few months). Part of the IPO road show is for the company to select investors that believe in the company and who will be "good" shareholders.