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Re: iwfal post# 228013

Tuesday, 01/07/2020 9:58:40 AM

Tuesday, January 07, 2020 9:58:40 AM

Post# of 257553
RVNC—Adding to what ‘mouton’ said, the underwriter’s exercise price for the greenshoe option is always identical to the underwriter’s purchase price in the main offering. A 6% discount to the nominal deal price is an industry standard (thus $15.98 in this instance).

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