question archive Alma Corporation is planning to go public
Subject:BusinessPrice: Bought3
Alma Corporation is planning to go public. As an underwriter briefly explain the process of IPO for this company by using a hypothetical scenario. You need to use fictitious numbers for authorized and paid up capital thus your commission and fees (5% commission). Make sure to include your strategy on pricing and how you will deal with the oversubscription, retail investor discount and flipping shares on initial trading days.