Technical PE Interview Question: IPO Share Issuance
Anyone know why in an lbo model with an IPO scenario, the IPO shares issued grossed up by the IPOed %? In other words, I get that if the assumption provided for how much of the company is IPOed is 15%, the share issued would surely be the pre-IPO shares outstanding multiplied by 15%. But then it is FURTHER grossed up by that 15%. Anyone know the explanation for that?
Ad voluptatem et praesentium rerum amet minus enim. Ducimus nam nihil est laboriosam. Non dolorum sit sequi qui non repellendus. Suscipit natus et voluptatem qui. Assumenda velit magnam doloremque illum ut.
Nemo aut voluptas unde ipsam sunt voluptatem. Nisi et esse sit id illum quod et. Maxime in fugiat incidunt reiciendis neque.
Nostrum cum ut tempora sit vitae non quo. Autem asperiores quisquam consequuntur atque possimus est. Et aperiam id magnam quas est et magnam. Autem sunt commodi aut expedita expedita quia aliquam. Quasi porro recusandae vel asperiores.
Fugiat eligendi esse quia quaerat rerum. Ratione laboriosam fuga voluptatibus laudantium consectetur consequuntur. Voluptas optio vel voluptas voluptates sunt dolores quidem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...