1. What advisors the firm hired? Record information about consultants, auditors, layers, underwriters, and printers if any. What are the costs/fees for them? Which one you believe placed the most important role during the preparation of the IPO? Since we are examining retrospectively, was there any seasoned equity offering after this IPO? If so, did the company use the same underwriter?
2. What was the Offering Price and number of shares offering? Was there any changes before the actual listing?
3. How did the market react to the IPO?
3A) The short-run IPO return Find the ending price when the market started trading, and calculate the one-day return from the offering price to the ending price on the first trading day. What was the 1st day return of your IPO Company? Were there money left on the table?
3B) The long-run performance From Yahoo!Finance, find the Adjusted Ending prices for: first trading day, three years after the IPO listing day, and five years after the IPO listing day, and calculate 3-year and 5-year post-IPO holding period return (HPR) using Adjusted Ending prices. What was the HPR of your IPO Company over 1 year post IPO? What about 5 years post IPO? Record your short-run and long-run IPO returns in the shared Master file on One Drive (we will be using this pool of IPOs to find the mean value of the IPO market returns).