Extraordinary Genius

1679. Chapter 1679 wants to buy no door (subscription)

“What do you say? This Facebook and Twitter listing, don’t work with us? How much is their stock going to sell, how much is sold in total?”

Goldman Sachs CEO Osborne was surprised by the fact that the former Corporation of Wind & Rain Holding Company and the Polar Bear Holdings Group were listed, and they were always sponsors.

Everyone has cooperated very well. Every time, Feng Yu and Kirilenko’s Corporation have been successfully listed. The funds raised have never been small. The two super-rich people are also very satisfied. What happened this time?

“The two companies have raised two One Dollar dollars, and the exact amount is not yet fixed, and they have not asked us for an inquiry.”

“Who are their underwriters?” Oswego was not happy, this time they didn’t become sponsors, but buying some of the two Companies’ stocks is not bad.

It is well understood that the sponsor is not allowed to hold the sponsorship Corporation. However, Goldman Sachs has also purchased shares of Feng Yu and Kirilenko’s listed subsidiary company through other Corporations. It is not illegal to operate it.

These Goldman Sachs shareholders do not hold shares in those Corporations, but their relatives can, this is not illegal, and the profits obtained are not their family?

“Before those organizations, Balebank, Citibank, Morgan Stanley… became their lead underwriters, of which ********** is the sponsor.”

These big financial organizations have become underwriters, but they are not without them. What is this?

The commission of the underwriters is still not low, especially the stock underwriting of this quality organization is generally relatively simple. And these big organizations work together as underwriters, and they can also increase investor confidence, they can not underwrite those junk stocks.

“Do you know what it is because of our cooperation?”

“It seems that the last time we were a Google Corporation sponsor, your wife’s Corporation bought a lot of Google Corporation’s stock, so it’s causing some trouble, delaying Google’s listing by two weeks.”

“But that time I sold Google Corporation’s stock to the highest price!” Osborne angered. “And that’s my ex-wife, we have nothing to do with the law!”

Although it is said in the mouth, but what the actual situation is, everyone knows.

But even if there are those problems, shouldn’t you even ask for Goldman Sachs? Oh, it must be deliberately for other underwriters, they just want to crowd out Goldman Sachs!

Osfer did not know that it was Feng Yu and Kirilenko’s request that the company of this inquiry should be a little financial institution, which is said to be worried that the other party would subvert their equity in the two organizations.

This reason, barely makes sense, but in this way, the price of this stock may not be how high.

In fact, other underwriters are also having a headache. If they don’t see everyone’s cooperation more than once, and the commissions are also good, they will not accept the underwriting of such requirements.

Both companies issued 100 million shares, accounting for 20% of the total share capital. However, at the time of inquiry, the two companies’ issue prices are not the same.

Facebook’s inquiry results reached a maximum of $23, which is much lower than their estimate of $26.

Twitter’s inquiry was only $13, which was much lower than their estimate of $17.

Those small investment organizations can afford high prices? I really don’t know what the two world’s top rich people think!

With 100 million shares issued, the funds that can be raised are far below their expectations. Is this enough for the development of the Corporation?

Who doesn’t know the Network Technology Corporation, the most burning money at the beginning. Of course, if you make money, then the speed of making money is also fast.

Those financial institutions that were inquired were overjoyed. They didn’t even think about it, even they could be queried. But what they didn’t even think about was that these underwriters actually hinted that they had a lot of subscriptions.

What do you mean, there are so many circulations, and they are not enough to subscribe for so much. Is it that the underwriters have the right to distribute? Or is there an option to over-allot?

In fact, there is no such thing. The right to place the placement will ultimately be decided by two companies.

This time Goldman Sachs did not become an underwriter or sponsor, not because of a minor incident in the last release of Google Corporation stock, but also because they required a right to sell.

The right to place a placement, that is, in the case of oversubscription, the underwriter can decide who to sell to.

For example, if 100 million shares are issued, but the number of subscriptions reaches 200 million shares, then what if the 100 million shares are not enough? This will determine who the stocks are sold to and who will be the shareholders of the Corporation.

Feng Yu has discussed with Kirilenko and wants to choose the small financial Corporation or bank that is going to be finished. The benefits are also very clear to Kirilenko, and of course the disadvantages are clear.

Kirilenko is the same choice as Feng Yu. With these little organizations, let them have a big loss.

I don’t know if these organizations saw their stocks that they bought so much, and finally fell below the issue price.

Even Kirilenko suggested that if there are a large number of oversubscriptions, then you can issue more to these small financial companies or banks, so that they can save more.

And be sure to release some good news after the silent period, let them happy first. When the stock price really falls, there are times when they cry.

The final Facebook issue price is set at $24/share, and the Twitter issue price is $14/share, which is the result of discussions between these underwriters and Wind & Rain Holding Company and Polar Bear Holdings.

Originally they wanted to be higher, but Feng Yu did not agree. In fact, Feng Yu thinks that it can also be sold, but the number of oversubscriptions may not be so much, and it will not be able to get into these small financial institutions and banks.

Only by letting these small financial institutions and banks go bankrupt can the financial crisis in the country become more serious, and it will bring more adverse effects to the economy of the country, so as to narrow the gap between China, Russia and the economy of the country.

On the day of the listing, it was very lively. Little Zach and Twitter’s Evan ringed the clock together. Both of them were red-faced.

As a result, Feng Yu did not expect that the number of subscriptions exceeded the circulation by more than double, and the two companies also chose their new shareholders at the request of Feng Yu and Kirilenko.

Those investment institutions that buy stocks are overjoyed, and those who have not bought or sold are confused. They have subscribed so much, and they have not even scored one?

Why do those small financial investment institutions and banks get so many stocks?

Wind & Rain Holding Company Group and Polar Bear Holdings Group will regret it, Feng Yu and Kirilenko will also regret it, will definitely!