The public part of an IPO (ChatGPT)Roadshow: The roadshow is a crucial component of the IPO process where company representatives, underwriters, and investment bankers present the investment opportunity to potential investors. The roadshow typically lasts for 1-3 weeks, during which the company meets with institutional investors, fund managers, and other interested parties to pitch the IPO.
Pricing and Allocation: After the roadshow, the underwriters work with the company to determine the IPO price and allocate shares to investors. This process may take a few days to a week.
Trading Debut: The IPO shares become publicly available for trading on the stock exchange. The first day of trading is usually a significant event and can generate additional media coverage and investor interest.
This also takes some time until the first day of trading.
The question arises as to where the advertising takes place (China, Hong Kong and Canada?). Doubts remain as to whether something rubs off on Majestic.