FIN 5130 Mini-case 2 Real World Application: IPOs Dr. Palkar

Order ready-to-submit essays - 100% plagiarism-free guaranteed!

Note: Our papers are 100% human-written. 

This assignment will require you to obtain relevant information regarding IPOs. Important Notes before starting the Mini-case: 

1.       You need to select an IPO company that has not already been selected by your classmates. Also, do not select the company – Oportun Financial Corp because we are using this company as an example in class notes.

2.       Do not pick an IPO prior to 1996. The Securities and Exchange Commission (SEC) started requiring companies to upload filings online starting 1996. So, you will not be able to find data for your selected IPO if you pick an IPO with an offer date prior to 1996.

3.       If you have a company in mind that you want to track for the Mini-case but don’t know the exact IPO date, then just google on “Company IPO date”. For example, “Uber IPO Date” or “when did Uber go public”. Once you get the date then go to Nasdaq IPO calendar and complete the details required for the Mini-case. Again, remember, if your company went IPO prior to 1996, you will not find the data so you will need to pick a different company.

4.       If you are unsure about which IPO you want to select, you can search for the top IPOs of a particular year or use one of the companies listed on the Nasdaq IPO Calendar . This website includes past and upcoming IPOs. Do not select upcoming IPOs as they are not yet completed so you will not have all the data.

5.       You can upload with a Word document or Excel document – either is fine. To receive points, remember to show your formula, calculations, and snapshots wherever requested under that question – do not just type your final answer. 

 

Questions:

 

5 points	1. What is an Initial Public Offering (IPO)? How does it differ from a Seasoned Equity offering (SEO)?         Also state the slide number from the handout notes in your explanation.
5 points	2. Say, you are interested in an IPO. How can you invest in an IPO?  You will find the answer to this question here: https://www.sec.gov/investor/alerts/ipo–investorbulletin.pdf
5 points	3. Explain in your own words the advantages and disadvantages of going public.        Also state the slide number from the handout notes in your explanation.
5 points	4. Select a company that has issued an IPO from Nasdaq IPO Calendar. Enter the name of your IPO company, the ticker symbol, the offer date, the offer price, shares offered, and the screenshot under “Mini-case 2” Forum. Enter this information in your Mini-case 2 document as well.   Look at my example under Mini-case 2 Forum and submit similar information and screenshot for your selected IPO company.
5 points	5. Provide a brief description of the company in a couple of lines in your own words.   Provide a reference of where you obtained this information from.
15 points	6. What are the direct costs of an IPO to the company? Obtain your answer both in dollars and percentages.     After the company completes its IPO, it will submit all IPO completion details to SEC generally via Form 424B4.   To quickly access Form 424B4 related to this IPO, you can click on your selected IPO company’s name under IPO Calendar in Nasdaq.com website and then click on “Financials & Filings” and scroll down to get the direct link to Form 424B4.