Download or read book Private Placements written by and published by . This book was released on 2010 with total page 884 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Private Placements and Public Offerings written by and published by . This book was released on 1961 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book PIPEs written by Steven Dresner and published by John Wiley & Sons. This book was released on 2010-05-20 with total page 319 pages. Available in PDF, EPUB and Kindle. Book excerpt: Private investments in public equity (PIPEs) offer a practical financing alternative for companies seeking capital and a unique asset for investors. For practitioners who know how to identify and execute transactions, PIPEs present a growing opportunity. This revised and updated guide presents the views, voices, and invaluable expertise of leading practitioners from all specialties in the field. The book is divided into three parts: "The Business of PIPEs," which provides a historical backdrop and overview; "Regulatory Landscape and Structural Alternatives," which details the legal framework and transaction structures; and "Deal Flow," which offers the investor’s perspective on negotiating deals. With detailed discussions, ranging from the origins of the marketplace and deal structures to legal considerations and due diligence, and from finding new opportunities to trading strategies, this book provides a clear window to the inner workings of this active area of the small-cap market. Investors, financial analysts, investment bankers, corporate and securities attorneys, and executives of public companies will find substantial value in the pages of this book.
Download or read book Private Placements and Other Private Financings written by and published by . This book was released on 1988 with total page 570 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Regulation D Offerings and Private Placements written by and published by . This book was released on 2010 with total page 1032 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Private Placements and Restricted Securities written by Stuart Charles Goldberg and published by . This book was released on 1982 with total page 696 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Introduction to Private Placements written by and published by . This book was released on 1990 with total page 426 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Choice between Public and Private Equity Offerings written by YiLin Wu and published by . This book was released on 2007 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper empirically examines the determinants of the choice between private and public offerings and expected price discounts by using a new database, which details the buyers and contracts of private placements in high-technology industries between 1986 and 1997. The estimates indicate that public investors' prior information and the risk measure are, by a large margin, the two most important determinants of private placement likelihood. My argument on the determinants of the expected price discount, if private placement buyers are ex ante informed investors, draws on models by Maksimovic and Pichler (1999) and (Rajan (1992). One view holds that the expected price discount is driven by the cost of motivating the truth-telling value of the private information (Maksimovic and Pichler (1999)). A competing view holds that informed investors are able to use their bargaining power obtained through informational advantages to require strictly positive expected excess returns, which are not directly related to the value of the private information (Rajan (1992)). Overall, I find that private placements to ex ante informed buyers are associated with significant increases in companies' stock prices. However, there is limited evidence that entrenched management purchases private placements on favorable terms that might serve as self-dealings.
Download or read book Private Placements written by and published by . This book was released on 1999 with total page 894 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Private Placements 2004 written by and published by Practising Law Institute. This book was released on 2004 with total page 992 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Venture Capital and Public Offering Negotiation written by Michael J. Halloran and published by Aspen Publishers. This book was released on 1992 with total page 1160 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Private Versus Public Offerings written by Vojislav Maksimovic and published by . This book was released on 2012 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: We show how an entrepreneur who wishes to maximize revenue from the sale of securities should structure the sale. We allow the entrepreneur to choose between an Initial Public Offering (IPO) and a private placement. In modelling an IPO we take into account both the issuer's ability to give preferential access to a pool of informed investors, and the value of the issuer's option to adjust the quantity of securities going to the retail market, in response to information received from the pool. We also allow for the possibility of selling directly to the retail market without pregathering information.We show that the source of underpricing comes either directly from participation constraints on the part of investors or from residual adverse selection in the retail market, rather than from the need to provide investors with incentives to reveal information. In contrast with earlier work, our optimal issue method in most cases is not improved by discriminatory pricing. We relate underpricing and the choice of issue method to observable firm-specific parameters. We show that for a wide variety of offerings the institutional practice followed by U.S. underwriters, which grants preferential access to a pool of selected investors, is efficient. We derive the optimal number of investors to include in the pool before setting the issue price. Conditions are also given such that forming a pool is not optimal or such that a public offering is not optimal, thus explaining why some firms will choose private offerings or public offerings with no pregathering of information.
Download or read book Private Placements Unveiled written by Arnold Villeneuve and published by Ponc Publishing. This book was released on 2023-11-11 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding Private Placements Private placements have emerged as an exclusive investment opportunity for savvy investors looking to diversify their portfolios and gain access to high potential returns. In this subchapter, we will delve into the intricacies of private placements and explore various niches such as real estate, startups, biotech companies, renewable energy projects, art and collectibles, technology companies, healthcare startups, food and beverage businesses, social impact projects, and entertainment and media ventures. Private placements refer to the sale of securities to a select group of investors, typically institutions, high net worth individuals, or accredited investors. Unlike public offerings, private placements are not registered with the Securities and Exchange Commission (SEC) and are subject to certain exemptions under the securities laws. This exclusivity allows investors to participate in unique investment opportunities that may not be available through traditional channels.
Download or read book Private Placement of Public Equity in China written by Pengcheng Song and published by Springer Science & Business. This book was released on 2014-04-21 with total page 91 pages. Available in PDF, EPUB and Kindle. Book excerpt: By retrieving entries from the financial-data vendor Wind and collecting relevant data from private placement statements, the author builds a proprietary database and studies five aspects of private placement in China. He examines which listed firms are more likely to choose private placement over SEO in refinancing; he looks into the controlling shareholder’s decision on whether or not to purchase privately placed shares; he investigates how the offer discount is determined; he calculates announcement periods for abnormal returns on private placements. Where the abnormal return is significantly positive, he documents positive long-run abnormal return on private offerings and evidence supporting the under-reaction hypothesis. Finally, he concludes that the largest shareholders tunnel by means of excess discounts from which they benefit but which is harmful to other shareholders.
Download or read book IPOs and Equity Offerings written by Ross Geddes and published by Elsevier. This book was released on 2003-06-06 with total page 273 pages. Available in PDF, EPUB and Kindle. Book excerpt: An initial public offering (IPO) is one of the most significant events in corporate life. It follows months, even years of preparation. During the boom years of the late 1990s bull market, IPOs of growth companies captured the imagination and pocketbooks of investors like never before. This book goes behind the scenes to examine the process of an offering from the decision to go public to the procedures of a subsequent equity offering. The book is written from the perspective of an experienced investment banker describing the hows and whys of IPOs and subsequent equity issues. Each aspect of an IPO is illustrated with plenty of international examples pitched alongside relevant academic research to offer a combination of theoretical rigour and practical application. Topics covered are: - the decision to go public- legal and regulatory aspects of an offering; marketing and research- valuation and pricing- allocations of shares to investors - examination of fees and commissions * Global perpective: UK, European and US practices, regulations and examples, and case studies* First hand experience written by an IPO trader with academic rigour* Includes the changes in the market that resulted from 1998-2000 equity boom
Download or read book Complete Guide to Making a Public Stock Offering written by Elmer L. Winter and published by Prentice Hall. This book was released on 1972 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Public Offerings and Private Placement Exemptions in the United States and in the European Communities written by Giuseppe Calabi and published by . This book was released on 1990 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
