Is there a set approach for determining an offering price for an equity issue at the time of listing?
There is no particular method for determining a price stipulated in the TOKYO AIM regulations. Thus, as on existing Japanese markets, pricing for an initial offering will usually be determined by book-building or competitive bidding (if under an underwriting arrangement), or by some method judged reasonable by company management (if not under an underwriting arrangement).
Related Questions
- I have a "pre-foreclosure" listing that isn’t selling and the homeowner can’t lower the price since they have no equity. How can a short sale help?
- When was the Initial Public Offering of The Providence Service Corporation common stock and what was the price at that time?
- What is the average time taken for listing of securities after the issue opens?
