FINA 2710 Chapter Notes - Chapter 15: Shortage
21 Feb 2017
School
Department
Course
Professor
Document Summary
Chapter 15: venture capital, ipos, and seasoned offerings. Money invested to finance a new firm. The ultimate goal is to take the company public and the venture capitalists will benefit from the capital raised in the ipo. Formed from a group of investors that pool capital and then have partners in the firm decide which companies will receive financing. Angel a wealthy individual investor in early-stage ventures. Choose a vc that has a management style compatible with your own. Public issue the creation and sale of securitites that are not intended to be traded on public markets. All (cid:272)o(cid:373)pa(cid:374)ies listed o(cid:374) the t x (cid:272)o(cid:373)e u(cid:374)de(cid:396) the o(cid:374)ta(cid:396)io e(cid:272)u(cid:396)ities co(cid:373)(cid:373)issio(cid:374)"s (cid:894)o c(cid:895) jurisdiction. The canadian securities administration (csa) coordinates across provinces. Management must obtain permission from the board of directors. Firm must prepare and distribute copies of a preliminary prospectus to the securities. Commissions in the jurisdictions where they want to sell the shares.
