e******s
发帖数: 231 | 1 Secondary offering. Shareholders of the issuer offer
and sell already outstanding shares in an underwritten
offering; however, this is often not done in an IPO
because there can be a negative market perception when
insiders sell.
不明白啊为何是已经流通的股票呢
IPO是首次发行
SPO就应该是之后的公开发行吧那也是当次发行的不应该是已经流通的吧?
非常感谢 |
b******r
发帖数: 16603 | 2 把outstanding 但还没unlock的股票提前offering，就是ZNGA做的那样。
你就理解成增加了IPO的SIZE好了。 |
e******s
发帖数: 231 | 3 谢谢
再问几个菜鸟问题
outstanding不等于unlock是吗?
那就是IPO的size和outatanding的size不同的?
那IPO的size和outstanding的size分别是什么呢?
感谢！
【在 b******r 的大作中提到】
: 把outstanding 但还没unlock的股票提前offering，就是ZNGA做的那样。
: 你就理解成增加了IPO的SIZE好了。
|
t******g
发帖数: 252 | 4 Every deal is different. outstanding shares can be all unlocked shares. IPO
size could be for all outstanding shares. |
e******s
发帖数: 231 | 5 谢谢回复
我是很糊涂的
“把outstanding 但还没unlock的股票提前offering”
这不是就说明 outstanding的里面包括lock的吗
“outstanding shares can be all unlocked shares”好像有些矛盾
但是我字面理解觉得outstanding也应该是等于unlock可自由流通的?
IPO
【在 t******g 的大作中提到】
: Every deal is different. outstanding shares can be all unlocked shares. IPO
: size could be for all outstanding shares.
|
t******g
发帖数: 252 | 6 Outstanding is all shares there is. Of course a corporation can always
register for more. But before that, it's all shares existing for a corp.
IPO, secondary offering, buyback, private placement, etc. are just
transactions for these shares to change hand. There is no rule that every
deal be a certain format. They can all be different.
【在 e******s 的大作中提到】
: 谢谢回复
: 我是很糊涂的
: “把outstanding 但还没unlock的股票提前offering”
: 这不是就说明 outstanding的里面包括lock的吗
: “outstanding shares can be all unlocked shares”好像有些矛盾
: 但是我字面理解觉得outstanding也应该是等于unlock可自由流通的?
:
: IPO
|
e******s
发帖数: 231 | 7 谢谢
明白点了
我还得再想想
请看这一段
The main ways of issuing shares in an IPO are:
• Primary offering. The issuer offers and sells newly
issued shares in an underwritten offering.
• Secondary offering. Shareholders of the issuer offer
and sell already outstanding shares in an underwritten
offering; however, this is often not done in an IPO
because there can be a negative market perception when
insiders sell.
【在 t******g 的大作中提到】
: Outstanding is all shares there is. Of course a corporation can always
: register for more. But before that, it's all shares existing for a corp.
: IPO, secondary offering, buyback, private placement, etc. are just
: transactions for these shares to change hand. There is no rule that every
: deal be a certain format. They can all be different.
|
t******g
发帖数: 252 | 8 This definition is too rigid. In the recent FB IPO, both the issuer (
Facebook inc.) and shareholders are selling.
【在 e******s 的大作中提到】
: 谢谢
: 明白点了
: 我还得再想想
: 请看这一段
: The main ways of issuing shares in an IPO are:
: • Primary offering. The issuer offers and sells newly
: issued shares in an underwritten offering.
: • Secondary offering. Shareholders of the issuer offer
: and sell already outstanding shares in an underwritten
: offering; however, this is often not done in an IPO
|
t******g
发帖数: 252 | 9 This is the first paragraph from the Facebook prospectus:
Facebook, Inc. is offering 180,000,000 shares of its Class A common stock
and the selling stockholders are offering 241,233,615 shares of Class A
common stock. We will not receive any proceeds from the sale of shares by
the selling stockholders. This is our initial public offering and no public
market currently exists for our shares of Class A common stock. |
