Find your next home with Luxist's "Estate of the Day"

Background on the Open IPO process from WR Hambrecht

Here is some more general information on the open IPO process Google is reportedly looking into. Not sure if they are looking to WRH's to manage this or anyone.

One question that will come up: will Google have information about this on their site and will that break rules of promoting their own IPO. They are going to have to be very careful with this one.

OpenIPO: How It Works

OpenIPO® is an innovative auction process for distributing stock to individuals and institutions through a more efficient and equitable process. The auction process allows shares of an initial public offering to be allocated in an equal and impartial way. All successful bidders pay the same price per share.

Benefits to Investors

 

• 

Equal Access – Qualified investors, whether institutions or individuals, have equal access to bid on IPO shares through our OpenIPO auction.

Fair Allocation – Shares are allocated in an equal and impartial way by the auction process. There is no preferential allocation.

More Flexibility – Investors bid for shares at a price they feel represents a fair market value for the company. They can also submit multi-tiered bids, indicating different amounts of interest for shares at different prices.

Equal Treatment – All individual and institutional investors pay the same price per share.

Reader Comments

(Page 1)

RESOURCES

RSS NEWSFEEDS

Powered by Blogsmith

Other Weblogs Inc. Network blogs you might be interested in: