How much money did the venture capitalists receive

Assignment Help Operation Management
Reference no: EM131959395

On January 20. Sullivan Inc.. sow 8 million shares of stock in an SEO. The market price of Sullivan at the time was $42 50 per share Of the 8 million shares sold.

4 million shares were primary shares being sold by the company, and the remaining 4 million shares were being sold by the venture capital investors.

Assume the underwriter charges 5.3% of the gross proceeds as an underwriting fee

a. How much money did Sullivan raise?

b. How much money did the venture capitalists receive?

c. If the stock price dropped 3.3% on the announcement of the SEO and the new shares were sold at that price. how much money would Sullivan receive?

Reference no: EM131959395

Questions Cloud

How do companies disclose sustainability practices : How do companies disclose sustainability practices and metrics? What type of information should companies disclose?
Determine your annual rate of return : Assuming that there are no changes in any of the parameters above, what would the investment in Jays be worth at the end of 5 years from now?
Order size for a particular product : Company uses the EOQ model to decide on the order size for a particular product, since demand is quite predictable and varies little
How use of the fair value option reflects application : What is the fair value option? Explain how use of the fair value option reflects application of the fair value principle.
How much money did the venture capitalists receive : If the stock price dropped 3.3% on the announcement of the SEO and the new shares were sold at that price. how much money would Sullivan receive?
What three criteria must be met in order for a government : What three criteria must be met in order for a government to accrue debt service payment expenditures in the current year for unmatured debt service payments?
What is the contribution of grab to the philippine economy : What are the current issues and opportunities facing Grab after its buy out of Uber in the Philippines?
Briefly describe the companys reconstructing program : Briefly describe the company's 2012 reconstructing program. Provide two examples of common non-cash charges associated with corporate reconstructing activities.
How do you address the situation : She leaves immediately. As her manager, how do you address the situation? Explain.

Reviews

Write a Review

Operation Management Questions & Answers

  Aircraft system resulting in difficulty controlling aircraft

Discuss how the failure of the engine shown in the video introduced a hazard in other aircraft systems resulting in difficulty controlling the aircraft. Use resources from the National Transportation Safety Board (NTSB) and other credible sources in ..

  Produce blasting powder used in guns and artillery

what kind of goals should you set for the company? Should you focus on finances, product development, or people? And should you have an overriding goal, or should you have separate goals for different parts of the company? If you were the CEO at DuPo..

  Concerned about efficient employees

Should anyone (Managers) be concerned about efficient employees? How does celebrating the completion of a project benefit the project manager?

  The conflict of form should follow function

Explain the impact that the conflict of “form should follow function” or vice versa has had on the structure and organization of criminal justice services within the context of the National Advisory Commission on Criminal Justice Standards and Goals ..

  Professionalism-etiquette and ethical conduct

Whether we refer to it as professionalism, etiquette, ethical conduct, or social intelligence, we are referring to a range of professional workplace behaviors that influence workplace perceptions. Share an example of professional workplace behavior t..

  The internal analysis to leading strategic planning process

What are the remedies for an internal cost disadvantage? What is the Internal analysis to leading the strategic planning process.

  Arguably failed to cope with the technological advancements

The music industry has arguably failed to cope with the technological advancements

  The project risks in the cost management plan

Assume that you are the project manager for the construction of 10 conference facilities in your organization’s building in Florida. A statement of work has been given to you, and contracts have already been awarded. How did you account for the proje..

  Discuss the impact that workplace bullying

Discuss the impact that workplace bullying can have.

  Types of plans are important to a business

Business plans differ in the time horizons that they cover. explain why all three of these types of plans are important to a business.

  Table 26 shows the temperature of a sample of coffee served

table 2.6 shows the temperature of a sample of coffee served by a cafe located in a shopping centers food court. the

  Mature stage of organizational development

If an organization was in a mature stage of organizational development. How would you restructure this company to help save it?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd