Reference no: EM132864790
A Brazilian company called Netshoes completed its IPO on April? 12, 2017?, and listed on the NYSE.? Later, Netshoes sold 8,250,000 shares of stock to primary market investors at an IPO offer price of $17.31?, with an underwriting discount of 6.3?%. Secondary market? investors, however, were paying only ?$16.41 per share for? Netshoes' 31,025,936 shares of stock outstanding.
Question 1: Calculate the total proceeds for? Netshoes' IPO.
Question 2: Calculate the dollar amount of the underwriting fee for? Netshhoes' IPO.
Question 3: Calculate the net proceeds for? Netshoes' IPO.
Question 4: Calculate market capitalization for? Netshoes' outstanding stock.
Question 5: Calculate IPO underpricing for? Netshoes' IPO.
Question 6: Explain the IPO underpricing for Netshoes.