Green Energy Enterprises Inc. (GYOG)

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Good info:Typically, a firm-commitment underwriting carries a 7 percent underwriting discount. So, a firm that sells five million shares at $15 a share will receive $75 million less 7 percent or net proceeds of $69.75 million (before expenses). Very small offerings might have a higher discount – 8 or 9 percent – and underwriters at times will negotiate reimbursement of non-accountable expenses in order to boost their fees.