Marissa and Dan have decided that the company should use a firm commitment offering with Crowe & Mallard as the lead underwriter. The IPO will be for $85 million. Ignoring underpricing, how much will the IPO cost the company as a percentage of the funds received?

Answer rating: 100% (QA)

Underwriters fee 7 of 85 million 5950000 Legal fees 1800000 SEC re... View the full answer