Question: please answer a through f thank you! Initial Public Oltering. A biotechnoiogy company, Keros Therapeutics, completed its thO on Apel 8, 2020, and Ided on

please answer a through f thank you!
please answer a through f thank you! Initial Public Oltering. A biotechnoiogy

Initial Public Oltering. A biotechnoiogy company, Keros Therapeutics, completed its thO on Apel 8, 2020, and Ided on the Nasdag, Kercs sold 6,000,000 shares of stock to primary marked ivesiors at an 1PO cifer price of $16.69, with an underwriting discount or 6.5%. Secondary market investors, howevet, wore payng $21.96 ger ahare for Keros' 19,189,301 ahares of atcek. autstanding (which inclubes the newly-issued shares). a. Calculate the total proceeds for Keros' IPO. b. Calculato the dolar amoun of the undorkniting fee for Karse' 1P0. c. Calculize the net proceads for Keros' 190 ; 4. Caiculate market cepitalizaten for Koros' outstanding stock. a. Calculete IPO underpricing for Keros' |PO. f. Explain the IPO underpricing for Keros a. The total proceefs for Keros' IPO is ? (Round to the nearest dolar.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Finance Questions!