Univec Inc (UNVC)

[Toodles]

In my opinion this is dead before it even starts, How does an IPO work?

It can be several months, or even years, until an IPO is finalized. To prepare, investment bankers estimate the company’s valuation to decide the price per share of stock and how many shares will be offered to investors.

An IPO is often a complex process in which a group of "underwriters" (typically large investment banks) buy all of the shares of the new company and then re-sell them to ordinary investors.

However, some companies bypass the conventional IPO process by going public through a direct listing or a special-purpose acquisition company (SPAC).

A company that is going public through an IPO will announce a price range and IPO date in advance. At that time, interested investors will be able to purchase shares through a brokerage account.

NerdWallet has a list of upcoming IPOs, as do the major stock exchange websites like Nasdaq and NYSE. And there are often rumors published in the media about companies that may go public in the near future, but it’s pure speculation until a company makes a formal announcement of its intentions.

https://www.nerdwallet.com/article/investing/what-is-ipo#:~:text=IPO%20meaning-,An%20IPO%2C%20or%20initial%20public%20offering%2C%20is%20when%20a%20company,Stock%20Exchange%20or%20the%20Nasdaq.

CHEERS

THE ANT