Re:SoftBank Succeeds in Tender Offer for Large Stake in Uber
by sulam on Thursday December 28, 2017 @07:31PM
(#16026436)
I've only got two IPOs under my belt, but both cases the 1st trade settled above the preferred price in the last round. I think that's fairly typical, fwiw.
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Re:SoftBank Succeeds in Tender Offer for Large Stake in Uber
by xocyabencl on Thursday December 28, 2017 @08:50PM
(#16026885)
Having the stock after IPO trade at the old preferred price represents a significant increase of the actual value of the company, even though it's not usually reported as such.