Serving the Quantitative Finance Community

Most insane fees for an IPO book underwriter?

Post Reply
 
User avatar
Tedypendah
Topic Author
Posts: 55
Joined: May 26th, 2013, 10:11 am

Most insane fees for an IPO book underwriter?

August 30th, 2017, 3:30 pm

We are listing on an exchange and the Corporate Financier wants very high fees.
  1. 5%-7% of the fees raised
  2. Success fee of 2.5 Millio
  3. Monthly retainer fee of 500K
This to me is insane and literally 10X what the IPO legal advisor is charging, who is also the project manager. Any takers?
Top
 
User avatar
outrun
Posts: 4573
Joined: January 1st, 1970, 12:00 am

Re: Most insane fees for an IPO book underwriter?

August 30th, 2017, 5:31 pm

How about floating a cryptocoin, one that gives the owner the right to buy stock in the future?
Top
 
User avatar
ppauper
Posts: 11729
Joined: November 15th, 2001, 1:29 pm

Re: Most insane fees for an IPO book underwriter?

August 30th, 2017, 9:04 pm

which exchange ?
Top
 
User avatar
Tedypendah
Topic Author
Posts: 55
Joined: May 26th, 2013, 10:11 am

Re: Most insane fees for an IPO book underwriter?

August 31st, 2017, 2:21 am

Botswana Stock Exchange
Top
© All material, including contents and design, copyright Wilmott Electronic Media Limited | Privacy | About | Contact us