RE:RE:IncreaseCraigbad wrote: This is mind boggling if its not a typo. No mention of commissions, just the opportunity to buy stock at the technical breakout point of last week. Have never seen this for a venture company. Must be some heavy institutional demand to get these kinds of terms from an investment bank.
It would be surprising if the greenshoe is the only opportunity for the underwriters. Commissions are how they make their money, likely 6-8%.