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PotsandPans420

01/20/21 10:30 AM

#32203 RE: Abundance88 #32199

So this is a false statement. Hc wainwright sells the deal to their clients. Same as a ipo or a secondary.

Morgan Stanley doesn’t buy all the shares of a ipo they run the deal and sell it to their clients.
Hc wainwright got paid a lot of fees and received warrants. It’s win win for them.