A British company listed on the Alternative Investment Market of the London Stock Exchange, announced the sale
Question:
A British company listed on the Alternative Investment Market of the London Stock Exchange, announced the sale of 6,686,665 shares to a small group of qualified investors at ₤ 0.025 per share. Which of the following best describes this sale?
A. Shelf registration.
B. Private placement.
C. Initial public offering.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Investments Principles Of Portfolio And Equity Analysis
ISBN: 9780470915806
1st Edition
Authors: Michael McMillan, Jerald E. Pinto, Wendy L. Pirie, Gerhard Van De Venter, Lawrence E. Kochard
Question Posted: