Which of the following is an advantage of doing a direct listing rather than a traditional bookbuild for a company that is going public? Select all that apply. Question 2 options: Little or no lock-up of current shareholders (such as VCs). No need to reveal information (write a Prospectus) in order to go public. Lower investment banking fees. None of these are advantages.
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- A direct listing allows existing shareholders to sell their shares directly to the public without issuing new shares or raising new capital. - A traditional bookbuild IPO involves underwriters setting a price and allocating shares to investors, often with a Show more…
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